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RSS FeedsAcquisition and Trading Update
(WorldNews Entertainment)

 
 

16 august 2018 09:26:44

 
Acquisition and Trading Update
(WorldNews Entertainment)
 


16 August 2018 On the Beach Group plc (`On the Beach`, `OTB` or the `Group`) Acquisition of Classic Collection Holidays Limited and Trading Update On the Beach Group plc (LSE: OTB.L), the UK`sleading online retailer of beach holidays,announces that its subsidiary On the Beach Travel Limited has acquired the entire issued share capital of Classic Collection Holidays Limited (`Classic Collection` or `Classic`) for a total consideration of £20.0m. Classic Collection reported EBITDA of £2.6m and gross assets of £18m (including a property valued at £2.5m) in its latest statutory audited accounts for the 12 months to 31 October 2017. The Board believes the acquisition will be earnings enhancing in...


 
7 viewsCategory: Entertainment
 
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