Pollard Banknote Buys Pacific for US$10 million-February 2024-www.financetom.com

Pollard Banknote Buys Pacific for US$10 million

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Pollard Banknote Buys Pacific for US$10 million

Mar 24, 2025 5:10 AM

07:53 AM EDT, 03/24/2025 (MT Newswires) -- Pollard Banknote ( PBKOF ) on Monday agreed to buy 100% of the business of Pacific Gaming and LIF Capital Group, collectively Pacific, for US$10 million.

The purchase will be funded from existing Pollard cash resources and availability under the company's existing senior credit facilities. The deal is slated to close on April 1 and is expected to boost earnings per share.

Shares of the company closed down 2% to $20.28 on Friday on the Toronto Stock Exchange.

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