Brief: Thorn Group Announces Sale Of Consumer Finance Business Radio Rentals

Credit

30/11/2021 01:55

Nov 30 (Reuters) - THORN GROUP LTD:
    * THORN GROUP LTD - SALE OF CONSUMER FINANCE BUSINESS RADIO
RENTALS
    * THORN GROUP LTD - ESTIMATED NET CONSIDERATION OF
APPROXIMATELY
A$45 MILLION
    * THORN GROUP LTD - ENTERED INTO A BINDING ASSET SALE DEED
TO
DISPOSE OF ASSETS OF ITS RADIO RENTALS BUSINESS TO CREDIT CORP
GROUP LTD
    * THORN GROUP LTD - DEAL PROCEEDS WILL ENABLE THORN TO
ACCELERATE
CONTINUED GROWTH OF THORN BUSINESS FINANCE

Source text for Eikon:  ID:nASX8ZqyKv 
Further company coverage:  CCP.AX 

 ((Reuters.Briefs@thomsonreuters.com;))