OFX Group Ltd Acquire To FIRMA Foreign Exchange Corporation Transcript
Thank you for standing by, and welcome to the OFX Group Limited Investor Call. (Operator Instructions) I would like to hand the conference over to Mr. Skander Malcolm, CEO. Please go ahead.
Thank you, Melanie, and thank you all for taking the time to join at such short notice. I'm joined by Selena Verth, our CFO; and Matt Gregorowski, who leads our Investor Relations program through Citadel-MAGNUS. I am, of course, delighted to announce that OFX has entered into an agreement to acquire Firma Foreign Exchange, a corporate foreign exchange company headquartered in Edmonton, Canada for a consideration of AUD 98 million or CAD 90 million.
Our first major acquisition, this is highly strategic, EPS accretive and further accelerates OFX' mission to become the world's leading cross-border payment specialist. Hopefully, you've had a chance to look at our announcement and the slides, which we issued on the ASX this morning, which I'll now step you through.
Starting with Slide
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