An accretive acquisition is a type of corporate transaction in which the acquiring company's earnings per share (EPS) increase as a result of the acquisition. This occurs when the earnings of the acquired company are greater than the cost of the
acquisition.
For example, if a company with EPS of $0.50 per share acquires another company with EPS of $0.25 per share for $10 million, the acquiring company's EPS will increase to $0.625 per share. This is because the $10 million cost of the acquisition will be spread over the combined earnings of the two companies, which are now $0.75 per share.
Accretive acquisitions are often seen as being more desirable than dilutive acquisitions, in which the acquiring company's EPS decreases as a result of the acquisition. This is because accretive acquisitions can help to improve the overall financial performance of the acquiring company.
In the case of CoreProp, an accretive acquisition would be one that increases the company's EPS. This could be achieved by acquiring a company with strong earnings growth potential, or by acquiring a company that operates in a complementary industry.
CoreProp has stated that it is looking for accretive acquisitions that will help the company to grow its business and improve its financial performance. The company has a strong track record of making accretive acquisitions, and it is likely to continue to do so in the future.