Brief: NPT says Co Entered Agreement In Principle On Key Terms To Externalise The Management Of NPT To Augusta

Asset Plus

27/11/2017 19:33

Nov 28 (Reuters) - NPT Ltd  NPT.NZ : 
    * ENTERED INTO AN AGREEMENT IN PRINCIPLE ON KEY TERMS TO 
EXTERNALISE THE MANAGEMENT OF NPT TO AUGUSTA. 
    * - AGREEMENT WILL BE FOR NO LESS THAN 5 YEARS 
    * NPT WILL RECEIVE A ONE-OFF PAYMENT OF NZ$4.5M FROM AUGUSTA 
TO 
PURCHASE THE MANAGEMENT RIGHTS 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nNZS9B0a 
Further company coverage:  NPT.NZ  
 
 ((Bangalore.newsroom@thomsonreuters.com;))