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Back to Home » April 2012 News » DirectCash Payments Inc. Announces Execution of Agreement to Acquire Customers Limited, to Create a Leading Global ATM Business |
DirectCash Payments Inc. Announces Execution of Agreement to Acquire Customers Limited, to Create a Leading Global ATM Business |
April 02, 2012
CALGARY, ALBERTA--(Marketwire - April 1, 2012) - DirectCash Payments Inc. (TSX:DCI) ("DirectCash") is pleased to announce it has entered into an agreement (the "Scheme Implementation Deed" or "SID") with Customers Limited (ASX:CUS) ("Customers") whereby DirectCash has agreed to acquire all of the outstanding shares of Customers for A$1.27 per share in cash. The total consideration for the purchase of 100% of the fully diluted shares of Customers is approximately A$173 million. At signing of SID, Customers will have A$37 million in outstanding debt.
Source URL: http://www.marketwire.com/mw/release.do?id=1638841&sourceType=3
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