Surfstitch Group to make acquisition


(MENAFN- ProactiveInvestors)

Surfstitch Group (ASX:SRF) has been granted an ASX trading halt in relation to an acquisition related announcement.

The halt will last until the earlier of the announcement being made or the start of trade on Thursday 14th May 2015.

In April the company announced the early completion of its global integration plans for the European region and increased its EBITDA guidance for FY2015 to $7 million from $5.1 million.

 

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