BRIEF-Eclipx Group to acquire Grays eCommerce group
May 4 Eclipx Group Ltd:
* Entered into scheme implementation deed under to acquire 100% of shares in Grays Ecommerce Group
* Deal implies a transaction value of $178.9 million
* Excluding contribution from Grays, Eclipx is currently on track to deliver FY17 NPATA growth of 18 pct to 21 pct
* Targets $20 million full run-rate synergies from deal, anticipated to be achieved within 12-24 months Source text for Eikon: Further company coverage: