January 2, 2018 / 7:36 AM / 6 months ago

BRIEF-Sabvest Ltd To Invest Directly In New Itl Group For 30 Pct Of Equity Shares And Pro Rata Shareholders Loans​

Jan 2 (Reuters) - Sabvest Ltd:

* CO TO INVEST DIRECTLY IN NEW ITL GROUP FOR 30% OF EQUITY SHARES AND PRO RATA SHAREHOLDERS LOANS​

* ‍INVESTMENT IN MANDARIN INDUSTRIES LTD BVI, NEW HOLDING CO OF OFFSHORE ITL GROUP BUSINESS, WILL BE $34M​ Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)

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