Rev Group, Inc. shares rise 1.32% intraday after acquiring Mad Paws Holdings Limited for AUD 56.9 million.

Rev Group, Inc. rose 1.32% intraday, with the company entering into a Scheme Implementation Deed to acquire Mad Paws Holdings Limited for AUD 56.9 million. The acquisition includes a cash consideration of AUD 65.52 million valued at AUD 0.14 per share, with AUD 56.87 million paid towards common equity and AUD 8.65 million towards options.