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<WIRE> Steadfast Group (ASX:SDF) Announces Acquisition of ISU Group for $55 Million



Steadfast Group (ASX:SDF) has declared that it will acquire ISU Group for a price of $55 Million.

By means of its existing corporate debt facilities and free cash flow, the company will finance the acquisition.

Steadfast Group (ASX:SDF) has completed an agreement that will enable it to own 100% of ISU Group.

The company anticipates that the acquisition will add to earnings per share (EPS) immediately after the acquisition date.

Steadfast Group is a corporation that operates in the insurance sector, specializing in underwriting and broking.

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