Black Diamond Group Ltd :
* Deal for $1.3 million
* Cash purchase price and capital commitments will be funded from black diamond’s available cash and borrowing facilities.
* Black diamond is increasing its previously announced $10.0 million 2016 capital expenditure plan to $15.0 million
* Black diamond group announces the strategic acquisition of Vancouver area rental fleet
* Concurrent with acquisition, black diamond signed a commitment to purchase $1.4 million of newly manufactured assets from shelter Source text for Eikon: Further company coverage:
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Source: Reuters.com
