Brief: Sharing Economy International Enters Sale And Purchase Agreement To Acquire 60 Pct Of Gagfare Limited

Sharing Economy International

20/08/2018 11:53

Aug 20 (Reuters) - Sharing Economy International Inc
 SEII.O :
    * SHARING ECONOMY INTERNATIONAL ENTERS INTO SALE AND
PURCHASE
AGREEMENT TO ACQUIRE 60% OF GAGFARE LIMITED, PROVIDES 'BOOK NOW,
PAY LATER' FLIGHT BOOKING
    * SHARING ECONOMY INTERNATIONAL INC - DEAL CONSIDERATION TO
BE
SATISFIED BY ALLOTMENT,  ISSUANCE OF 1.2 MILLION PREFERRED
SHARES OF CO AT $3.061/SHARE
    * SHARING ECONOMY INTERNATIONAL INC - SEIL WILL ACQUIRE 60%
OF
GAGFARE FOR CONSIDERATION OF US$3.6 MILLION

Source text for Eikon:  ID:nPn2RXcdZa 
Further company coverage:  SEII.O 

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