December 5, 2016 / 6:41 AM / 9 months ago

BRIEF-Group Five says Aberdeen Infrastructure to buy stake in JV

Dec 5 (Reuters) - Group Five Ltd :

* Strategic equity partnership with global infrastructure leader, Aberdeen

* Aberdeen Infrastructure Funds will buy 49.99 pct stake Intertoll Europe's underlying public-private-partnership project investment portfolio

* Total cash consideration of approximately 43.0 mln euros or 633.2 mln rand

* Following implementation of transaction, Group Five will hold 50.01 pct of Seed Assets and AIF will hold remaining 49.99 pct Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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