Ebos has a $400m war chest to spend on acquisitions
Although Ebos spent about $100 million on acquisitions in the latest year, its cash flow generation was even stronger and so its warchest keeps growing. With special feature audio.
Ebos Group [NZX: EBO] could spend up to $400 million on a new acquisition without needing to ask shareholders for fresh capital.
The company announced earlier this month it plans to invest $18 million into franchise operator Terry White Group after selling its own franchise business to Terry White