Business News • MarketWire • 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

DirectCash Payments Inc. Announces Execution of Agreement to Acquire Customers Limited, to Create a Leading Global ATM Business

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.

View More : http://www.marketwire.com/mw/release.do?id=1638841&sourceType=3

Releted News by marketwire

Leading Market Expert Mario Sant Singh to Conduct Free Seminars in Singapore at InvestFair 2012 on How to Profit in the Forex Market

Homeowners Set for DIY Easter, Says Swinton Insurance