It?s been a busy morning for announcements on the ASX today including an acquisition completion, and a performance report which investors are responding favourably to today.
Telstra shares are on the rise today after the telco giant completed its US$1.6bn acquisition of Digicel Pacific on behalf of the federal government after receiving the necessary government and regulatory approvals to complete the acquisition. The government funded the majority of the transaction, with Telstra only forking out $270m of the total cost.
Data#3 shares are soaring today as investors respond to the information and communication technology company?s 2022 financial year performance report including the company?s expectation to deliver a consolidated net profit before tax for the financial year of around $44m, which represents an increase of 19% on the prior year.
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