date:Jul 25, 2019
r enterprise (EV) multiple of approximately 11.5x EBITDA and a multiple of 8.2x EBITDA, including synergies. Synergies are anticipated to be realized in areas including operations, cross-selling and procurement. By 2021, these synergies are expected to have an annual impact on EBITDA of approximately 2 million.
Midsona will finance the transaction with a bridge loan and plans to complete a share rights issue worth up to 56.9 million later this year. The company states proceeds from the rights i