Brief: Axis Enters Into Asset Purchase Agreement For Sale Of Auto Finance Business
Oct 21 (Reuters) - Axis Auto Finance Inc AXIS.TO :
* AXIS ENTERS INTO ASSET PURCHASE AGREEMENT FOR SALE OF AUTO
FINANCE BUSINESS
* BASE PURCHASE PRICE FOR ASSETS APPROXIMATELY $114 MILLION
* ENTERS INTO ASSET PURCHASE AGREEMENT WITH FIONIC CANADA
* COMMON SHARES EXPECTED TO BE DELISTED FROM TORONTO STOCK
EXCHANGE AFTER CLOSING
Source text for Eikon: ID:nBw75r8tPa
Further company coverage: AXIS.TO
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