Field Solutions Holdings Limited (ASX:FSG) agreed to acquire Assets of South Western Wireless Pty Limited for approximately AUD 0.6 million on March 21, 2018. Out of total consideration, approximately AUD 0.49 million will be paid in cash and AUD 0.12 million of liabilities will be assumed. Field Solutions Holdings will raise approximately AUD 1.12 million through a placement of 56 million shares to fund the acquisition. The transaction includes the acquisition of assets, customers and contracts of South Western Wireless Communications Company. FSG will be retaining key staff of South Western Wireless and the Rockhampton operations centre as headquarters. The transaction is expected to be completed by March 30, 2018.