May 19, 2017 / 10:33 AM / in 2 months

BRIEF-Global Yellow Pages says to dispose 80% shareholding interests in eFusion Solutions

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May 19 (Reuters) - Global Yellow Pages Ltd:

* Entered into a sale and purchase agreement with Samara Ventures Pte. Ltd and Efusion Solutions Pte. Ltd.

* Cash consideration for sale shares is a sum of S$1.2 million

* Deal for proposed disposal by company of 80% of its shareholding interests in Efusion

* Company has also on 19 May 2017 entered into management services agreement with Efusion

* Completion of proposed disposal will result in Efusion ceasing to be a subsidiary of company Source text for Eikon: Further company coverage:

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