BUZZ — Australia's Dicker Data hits 5 — year high on Sektor Group acquisition
* Shares of Australia's Dicker Data rise as much as 4.8% to A$16.32, their highest level since August 2021 * Stock marks its biggest intraday pct gain since August 28 * Technology hardware distributor saidafter market hours on Tuesday that it would acquire New Zealand-based technology distributor Sektor Group for NZ$138 million ($77.58 million) * Acquisition to establish direct operational presence in Thailand and Malaysia and expand its exposure to cybersecurity, physical security and enterprise mobility solutions * Co expects the acquisition to be earnings-accretive in FY26, excluding one-off transaction and integration costs * Stock up 58.1% YTD, including the day's moves ($1 = 1.7787 New Zealand dollars) (Reporting by Roshan Thomas in Bengaluru) ((Roshan.Thomas@thomsonreuters.com)