Brief: Retail Holdings NV Announces Sale Of Subsidiary

Retail Holdings NV

22/03/2019 13:07

March 22 (Reuters) - Retail Holdings NV  RHDGF.PK :
    * RETAIL HOLDINGS N.V. ANNOUNCES SALE OF SUBSIDIARY
    * RETAIL HOLDINGS NV - UNIT ENTERED INTO AN AGREEMENT TO
SELL ITS
ENTIRE EQUITY INTEREST IN THAT UNIT TO A SUBSIDIARY OF ARÇELIK
A.S.
    * RETAIL HOLDINGS NV - UNIT BHOLD'S ASSETS INCLUDE A 57.0%
EQUITY
STAKE IN SINGER BANGLADESH LIMITED
    * RETAIL HOLDINGS NV - NET CASH CONSIDERATION TO BE RECEIVED
BY
UNIT FOR BHOLD SHARES IS APPROXIMATELY $75 MILLION

Source text for Eikon:  ID:nPn7qLTywa 
Further company coverage:  RHDGF.PK 

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