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BRIEF-CSG says consideration for Stallion Reaction deal amended to 50 mln rand
February 21, 2017 / 10:20 AM / 9 months ago

BRIEF-CSG says consideration for Stallion Reaction deal amended to 50 mln rand

Feb 21 (Reuters) - Csg Holdings Ltd

* CSG holdings - Invictus Risk Proprietary, a subsidiary, has entered into an addendum to initial agreement concluded with Stallion Reaction Proprietary

* Purchase consideration payable by CSG to seller in respect of acquisition has been amended to r50 000 000

* Purchase consideration will now be paid by CSG on 27 february 2017

* Effective date of acquisition has been amended to 1 march 2017. Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)

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