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STAGING CONNECTIONS ACQUIRES UK LIGHTING GROUP.
SYDNEY, Nov 1 Asia Pulse - Events services company, Staging Connections Group Limited (ASX:STG), has acquired the UK-based Essential Lighting Group Limited for $A17 million ($US15.84 million) in cash.
It's also acquired a 30 per cent minority interest in Singapore-based The Event Company for $A3 million in cash and shares.
Staging Connections said the acquisitions, effective today, were expected to boost annual earnings per share by 2 cents.
Essential Lighting, which Staging Connections described as the UK's premier event lighting organisation, was expected to deliver annualised revenue of $A14 ...
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Source: HighBeam Research, STAGING CONNECTIONS ACQUIRES UK LIGHTING GROUP.