** Shares of Reckon RKN.AX rise as much as 1.8% to A$0.570, their highest since Dec. 11
** Co has signed an agreement with Money Managment Group and its British unit to purchase accounting software businesses Cashflow Manager and OKKE
** Deal for A$8.75 million ($5.54 million), accretive to earnings
** Expects businesses to contribute A$1 million of net profit after tax in FY25
** Stock posts its biggest intraday percentage gain since Dec. 10
** 77,034 shares change hands, compared with the 30-day average volume of 49,574
** Stock has fallen 0.88% this year, as of last close
($1 = 1.5788 Australian dollars)
(Reporting by Nichiket Sunil in Bengaluru)
((Nichiket.Sunil@thomsonreuters.com))
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