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BRIEF-REA Group updates on expected impairment charge
June 28, 2017 / 11:35 PM / 5 months ago

BRIEF-REA Group updates on expected impairment charge

June 29 (Reuters) - REA Group Ltd:

* Expects to recognise a non-cash impairment charge of approximately $180.0 million (pre and post-tax) in its results for year ended 30 June 2017

* Impairment has no effect on current trading and will not impact REA Group’s compliance with its banking covenants Source text for Eikon: Further company coverage:

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