Brief: Hotel Properties Says Unit Enters With Agreement ISY Holdings
20/12/2017 09:49
Dec 20 (Reuters) - Hotel Properties Ltd HPPS.SI :
* UNIT ENTERS WITH AGREEMENT ISY HOLDINGS FOR HPLPSEA TO
ACQUIRE
50% STAKE IN PALMCO HOTELS AND 10% STAKE IN HRH MERCHANDISE
* SHARE ACQUISITION EXPECTED TO INCREASE EPS OF CO FROM
18.13
CENTS TO 20.18 CENTS
* DEAL FOR 105 MILLION RGT
Source text for Eikon: ID:nSNZ4J0S6r
Further company coverage: HPPS.SI
((Bangalore.newsroom@thomsonreuters.com;))
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