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World Fuel Services (INT +2.1%) agrees to acquire assets of Multi Service, which specializes in...

World Fuel Services (INT +2.1%) agrees to acquire assets of Multi Service, which specializes in fleet, government and commercial payment programs, for $137M. INT expects the transaction to be $0.16-$0.20 accretive to earnings on a non-GAAP basis in the first 12 months. The deal will be funded mostly through existing credit facilities.
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