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BRIEF-Rebosis to sell stake in Ascension for 113.4 mln rand
February 6, 2017 / 2:18 PM / 10 months ago

BRIEF-Rebosis to sell stake in Ascension for 113.4 mln rand

Feb 6 (Reuters) - Rebosis Property Fund Ltd :

* Co intends to sell c.28 million ascension a shares to Meago Asset Managers Proprietary Limited at 4.05 rand per share

* Says deal is worth 113.4 mln rand to be settled in cash

* Co to sell entire stake in Ascension Properties Source text for Eikon: Further company coverage: (Bengaluru Newsroom)

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