Motley Fool: Why APN Outdoor Group Ltd is raising its Adshel offer
Strategic rationale: Adshel’s FY18 pro forma EBITDA is estimated in the range of $48 million to $50 million, implying an EV/EBITDA multiple of around 11 without taking into account cost synergies, expected to be in excess of $15 million per annum. The acquisition would be high-single-digit EPS accretive for APN. One-off integration costs would amount to $12 million. […]
Fri, Jun 22, 2018 at 4:51 PM