Brief: Ascendas India Trust signs term sheet with Arshiya
12/04/2017 14:24
April 12 (Reuters) - Ascendas India Trust AINT.SI
* Announce signing of a term sheet with Arshiya, for
proposed acquisition of operating warehouses, at Arshiya free
trade warehousing zone
* Consideration for proposed acquisition comprises upfront
payment of INR 4.34 billion
* Consideration for proposed acquisition also comprises
additional deferred consideration of up to inr 1.0 billion to be
paid over 4 years
Source text for Eikon: ID:nSNb72bN6
Further company coverage: AINT.SI
((Bangalore.newsroom@thomsonreuters.com;))
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