No. 1 Story

Telstra adds one million mobile services, but Sensis plummets

Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.

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Candle completes acquisition The One Umbrella

IT Industry - Development

ICT recruiter, Candle Australia Limited (ASX:CND), has completed its acquisition of library, archives, records management and knowledge management recruiter, The One Umbrella.

The One Umbrella has been operating for over 20 years and has offices in Sydney, Brisbane, Canberra and Melbourne. Candle announced the acquisition on September 30 stating that it will be EPS positive in its first year. CND expects to pay about $3.2 million in cash and shares, using a performance based earn-out formula.

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