Stargroup Ltd granted additional time to finalise acquisition


(MENAFN- ProactiveInvestors - Australia)

Stargroup Ltd (ASX:STL) has an acquisition on the table, and has been granted extra time to finalise details for the market in the form of a voluntary suspension - which follows from the recent trading halt.

The voluntary suspension is in place until the earlier of the release of the announcement, or prior to the commencement of trading on Monday 3rd October 2016.

Stargroup owns a 350+ ATM network in Australia and provides EFTPOS and payWave technologies.

The company delivered record revenues in August, putting it on track to post its 11th straight record quarter.

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