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BRIEF-Dipula Income Fund announces proposed internalisation of asset management function
October 16, 2017 / 4:42 PM / in 2 months

BRIEF-Dipula Income Fund announces proposed internalisation of asset management function

Oct 16 (Reuters) - DIPULA INCOME FUND LTD:

* ENTERED AGREEMENT WITH ALL BENEFICIARIES OF ASSET MANAGER WHEREBY BENEFICIARIES WILL DISPOSE OF 100% OF UNITS HELD BY VENDORS IN ASSET MANAGER TO DIPULA

* DEAL ‍FOR AGGREGATE PURCHASE CONSIDERATION OF R142,000,000, WITH PRACTICAL EFFECT FROM 1 SEPTEMBER 2017 ( EFFECTIVE DATE)​ Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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