February 9, 2018 / 1:07 AM / 11 days ago

BRIEF-Augusta Capital Limited Updates On Binding Agreement To Acquire Management Of NPT

Feb 9 (Reuters) - Augusta Capital Ltd:

* AUGUSTA CAPITAL LIMITED - BINDING AGREEMENT TO ACQUIRE MANAGEMENT OF NPT

* ‍WILL PAY NZ$4.5 MILLION TO NPT TO ACQUIRE MANAGEMENT​

* AUGUSTA CAPITAL-EXPECTS AGREEMENT TO INCREASE CO‘S RECURRING BASE MANAGEMENT FEE INCOME BY ABOUT $0.9 MILLION BASED ON NPT‘S CURRENT BALANCE SHEET​ Source text for Eikon: Further company coverage:

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