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5 months ago
BRIEF-Spear Holdco to acquire 100 pct of Blend Property 15 Proprietary Ltd
March 23, 2017 / 8:09 AM / 5 months ago

BRIEF-Spear Holdco to acquire 100 pct of Blend Property 15 Proprietary Ltd

March 23 (Reuters) - Spear REIT Ltd:

* Spear Holdco has entered into agreement to subscribe for and acquire 100% of share capital of Blend Property 15 Proprietary Ltd from Blend Property 17 Proprietary Limited and Platinum Hospitality Corporation Proprietary

* Consideration for acquisition is an effective amount of R298,000,000 , plus or minus any working capital adjustments Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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