Brief: Ascendas India Trust signs term sheet with Arshiya

CapitaLand India Trust

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  
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