Brief: United Industrial updates on acquisition of 120 Holborn London

Singapore Land

30/09/2016 11:51

Sept 30 (Reuters) - United Industrial Corporation Ltd 
 UICS.SI : 
    * Pdf 1: United Industrial Corporation Limited (Acquisition 
Of 120 Holborn London)  
    * Deal for consideration of £229.6 million 
    * Unit entered into a sale and purchase agreement with 
holborn management limited and 120 holborn propco limited 
    * Agreement to acquire all interest in and estate to 
property 
    * Acquisition would be financed by internal resources and 
external borrowings 
    * Acquisition is not expected to have a material impact on 
group's net tangible assets or earnings per share 
 
Source text for Eikon:  ID:nSNZLSNx9  
Further company coverage:  UICS.SI  
 
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