REA Group to acquire 35% interest in Distilled, owner of Daft.ie
Deal valued at €248 million (A$409 million) and expected to be modestly core EPS accretive in first year.
Sept. ie, in a deal valued at €248 million (A$409 million). The company said the transaction is expected to be modestly core EPS accretive in the first year. It added that the acquisition will be funded from debt and existing cash reserves.
The deal is expected to complete before the end of calendar year 2026, subject to regulatory approvals.