Brief: Selina Hospitality PLC Says Osprey Acquired 42.9% Interest In Selina Holding Australia
02/07/2024 13:40
July 2 (Reuters) - Selina Hospitality PLC SLNA.O :
* SELINA HOSPITALITY PLC -ON JULY 1, CO & OSPREY
INTERNATIONAL
LIMITED ENTERED INTO SALE, PURCHASE AGREEMENT
* SELINA HOSPITALITY PLC -PURSUANT TO PURCHASE AGREEMENT,
OSPREY
ACQUIRED 42.9% INTEREST IN SELINA HOLDING AUSTRALIA PTY, LTD.
* SELINA HOSPITALITY PLC -PURCHASE PRICE FOR THE AUSTRALIA
ASSETS
IS APPROXIMATELY $3.5 MILLION
* SELINA HOSPITALITY PLC -CONCURRENT WITH EXECUTION OF
AUSTRALIA
SPA, CO AND OSPREY ENTERED INTO A LETTER AGREEMENT
* SELINA HOSPITALITY PLC -PURSUANT TO LETTER AGREEMENT,
OSPREY TO
ACQUIRE UP TO 100.0% OF EQUITY INTERESTS OF COMPANY IN ITS
THAILAND SUBSIDIARIES
Source text for Eikon: ID:n0001493152-24-025906
Further company coverage: SLNA.O
((Reuters.Briefs@thomsonreuters.com;))
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