Brief: Ridley Corporation Announces Deal To Sell Tasmanian Extrusion Facility
24/05/2021 02:40
May 24 (Reuters) - Ridley Corporation Ltd RIC.AX :
* AGREEMENT TO SELL TASMANIAN EXTRUSION FACILITY
* UNIT ENTERED DEAL FOR SALE OF WESTBURY EXTRUSION FACILITY
IN
TASMANIA TO GIBSON'S LTD TRADING FOR A$54.85 MILLION
* ANTICIPATED TO BE A PRE-TAX PROFIT IN EXCESS OF $7 MILLION
UPON
COMPLETION OF SALE
Source text for Eikon: ID:nASX2XbC4B
Further company coverage: RIC.AX
((Reuters.Briefs@thomsonreuters.com;))
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