Kingswood completes second US acquisition

  • Dec 21, 2019 GMT
  • Team Kalkine
  • Kingswood Holdings Ltd has agreed to acquire an 85% stake in Chalice Capital Partners and Chalice Wealth Advisors
  • The total consideration is US$4 million
  • The complains to issue 900,000 convertible preference shares to part finance the issue
  • Chalice has registered impressive growth in the last two years and positive EBITDA and cash flow are expected in FY19.

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