Brief: Oue Lippo Healthcare Announces Proposed Acquisition Of 40% Of Bowsprit

OUE Healthcare

18/09/2018 06:28

Sept 18 (Reuters) - Oue Lippo Healthcare Ltd  OUEL.SI :
    * DEAL FOR ABOUT S$39.6 MILLION FOR ACQUISITION OF 40% OF
BOWSPRIT
    * ANNOUNCES PROPOSED ACQUISITION OF 40% OF BOWSPRIT, THE
MANAGER
OF FIRST REIT, AND 10.63% OF FIRST REIT
    * OUE LTD TO ACQUIRE 60% OF BOWSPRIT
    * PROPOSED TRANSACTIONS EXPECTED TO CONTRIBUTE EARNINGS OF
0.26
CENTS PER SHARE AND DISTRIBUTION OF S$7.1 MILLION TO GROUP
    * CONSIDERATION FOR DEAL TO BUY 10.63% OF FIRST REIT S$102.7
MILLION

Source text for Eikon:  ID:nSNZ6hbRjN 
Further company coverage:  OUEL.SI 

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