Australia's HRL Holdings to buy Precise Consulting

Australia's HRL Holdings to buy Precise Consulting
By Suze Metherell Dec. 24 (BusinessDesk) - HRL Holdings, the ASX-listed geothermal exploration company, has agreed to buy Precise Consulting, a hazardous material testing laboratory, for $5 million plus any earnout considerations.  The Queensland-based company will pay up to an earnout consideration of up to $2.5 million for the Christchurch-based lab services company, if it delivers more than $2.5 million in earnings before interest and tax in the year ended Dec. 31, 2015, HRL said in a statement to the ASX. The sale is dependent on ASX...