Eureka Group to buy six NSW communities for $123.8M; FY27 EPS up 22%
Eureka Group Holdings will acquire six NSW communities for $123.8 million, expanding its portfolio and increasing AUM. The deal is funded by an $80.2 million equity raising plus new debt, lifting FY27 EPS guidance by 22%.
Story updates
02:38:09 AM UTC
SquawkNews
A $123.8 million acquisition of six NSW communities expands the portfolio by 21%, boosts NSW exposure, and is funded by a fully underwritten $80.2 million equity raising and new debt. The deal is immediately earnings accretive, enhances scale, and strengthens market positioning.Original document: E…
A $123.8 million acquisition of six NSW communities expands the portfolio by 21% and boosts AUM by 23%, funded by an $80.2 million equity raising and new debt.
The deal upgrades FY27 EPS guidance by 22% and strengthens presence in Greater Sydney.Original document: Eureka Group Holdings Limited [EGH…