October 10, 2016 / 10:37 PM / 10 months ago

BRIEF-Hills Ltd says co and Woolworths agreed to end contract entered into on Dec 3, 2014

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Oct 11 (Reuters) - Hills Ltd

* Hills Limited and Woolworths Limited have agreed to end contract entered into on 3 dec 2014

* Woolworths will pay an amount to hills in settlement of all rights and obligations under licensing agreement (corrects source)

* Hills and Woolworths reach agreement on HHL brands

* terms of settlement remain confidential between parties

* Hills will record any associated increase to income and cash in its results for first half of fy17

* Hills is considering potential permanent replacement brand licensing arrangements for all hhl products Source text for Eikon: Further company coverage:

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