Brief: Landsea Green Properties Announces Merger And Proposed Spin-Off

Landsea Green Management

31/08/2020 23:42

Sept 1 (Reuters) - Landsea Green Properties Co Ltd
 0106.HK :
    * LANDSEA HOMES AND LHC ENTERED MERGER AGREEMENT WITH LF
CAPITAL
AND MERGER SUB IN RELATION TO MERGER
    * MERGER CONSIDERATION IS US$343.8 MILLION  WHICH SHALL BE
PAYABLE
IN FORM OF SHARES OF LF COMMON STOCK
    * PROPOSED DISPOSAL OF LANDSEA HOMES BY WAY OF MERGER,
THEREBY
EFFECTING SEPARATE LISTING OF LANDSEA HOMES ON NASDAQ

Source text for Eikon:  ID:nHKS4j7zdV 
Further company coverage:  0106.HK 

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