Excluding the charge, amortisation of acquired intangibles and scheduled payments of a FONS
employee retention pool, ADC expects the acquisition to be around USD0.00 to USD0.01 accretive to diluted earnings per share from continuing operations in its fiscal fourth quarter ending 31 October 2005 and around USD0.05 to USD0.10 accretive to diluted earnings per share from continuing operations in fiscal 2006.
Eignarhaldsfelag is the owner of low-budget Copenhagen-based airline Sterling, which after the deal will become the largest low-budget carrier in the Nordic region, reported the Associated Press.
The final purchase price was DKK375m in cash, payable at Fons
NORDIC BUSINESS REPORT-26 April 2005-Bonheur ASA and Ganger Rolf ASA complete sale of Sterling to Fons
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