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AFL completes acquisition of Kordos Lawyers
AFL completes acquisition of Kordos Lawyers Share
Listed national practice Australian Family Lawyers has completed its purchase of Melbourne-based family law firm Kordos Lawyers.
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As noted at that time, the consideration to be paid to Kordos Lawyers would include upfront consideration of $125,000 in cash and $125,000 in shares in exchange for 100 per cent of its assets.
Further to this, “a total of $375,000 in deferred cash consideration and $375,000 in deferred share consideration will be paid in three annual instalments subject to minimum performance conditions at the completion of the financial periods ending 30 June 2022, 30 June 2023 and 30 June 2024” would be issued. ....