LBL 0.55% 45.5¢ laserbond limited

News: LBL Laserbond Entered Into MoU To Acquire Business Of United Surface Technologies

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    June 15 (Reuters) - LaserBond Ltd (LBL) :

    • ENTERED INTO MOU TO ACQUIRE BUSINESS OF UNITED SURFACE TECHNOLOGIES
    • NOW EXPECT REPORTED FY20 REVENUE TO BE 2 TO 2.5% LESS THAN FY19 REVENUE
    • $1.1 MILLION PURCHASE PRICE FUNDED THROUGH EXISTING EQUIPMENT FINANCING FACILITIES AND CASH RESERVES
 
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