February 11, 2018 / 10:13 PM / 14 days ago

BRIEF-IMF Bentham Confirms Receipt Of US$57.4 Mln In Cash Sale Proceeds From Sale

Feb 12 (Reuters) - Imf Bentham Ltd:

* CONFIRMS RECEIPT OF US$57.4 MILLION IN CASH SALE PROCEEDS FROM SALE OF MAJORITY OF ITS US INVESTMENT PORTFOLIO TO ITS US FUND.

* CO ENTITLED TO 85% OF ANY PROFITS ON SALE INVESTMENTS REALISED BY FUND 1 AFTER PAYMENT OF PREFERRED DIVIDENDS & OTHER EXPENSES OF FUND​ Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)

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