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Published on: September 26, 2023

Emapsite acquisition – accretive, strategic

The purchase of Emapsite, a leading UK geospatial software and data business, announced on 21 August, is an exciting step forward in Idox’s land and property strategy. Our forecast revisions indicate that the deal will be earnings accretive, while the announcement suggests that, with further debt available, the acquisition pipeline is both healthy and deliverable.

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