Brief: Imagi International Announces Termination Of Acquisition Of Entire Stake Of Les Ambassadeurs Club
18/03/2020 14:31
March 18 (Reuters) - Imagi International Holdings Ltd
0585.HK :
* ANNOUNCES TERMINATION OF ACQUISITION & REVERSE TAKEOVER IN
RELATION TO ACQUISITION OF ENTIRE STAKE OF LES AMBASSADEURS CLUB
* IN LIGHT OF TERMINATION, SELLER HAS STATED IN ITS NOTICE
THAT IT
SHALL PAY BREAK FEE OF £12.8 MILLION TO PURCHASER
Source text for Eikon: ID:nHKS4bQM5s
Further company coverage: 0585.HK
((Reuters.Briefs@thomsonreuters.com;))
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