Brief: Sims Enters Into A Definitive Agreement To Sell Its 50% Interest In Lms Energy

Sims

20/09/2023 02:19

Sept 20 (Reuters) - Sims Ltd  I8M.F :
    * SIMS LIMITED ENTERS INTO A DEFINITIVE AGREEMENT TO SELL
ITS 50%
INTEREST IN LMS ENERGY
    * TRANSACTION VALUES SIMS'S 50% SHAREHOLDING IN LMS ENERGY
AT
A$272.1 MILLION
    * COMPLETION OF SALE IS ANTICIPATED TO OCCUR DURING Q2 OF
FY24

Source text for Eikon:  ID:nASX8KmY45 
Further company coverage:  I8M.F 

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