Brief: Singapore Post Says Unit Entered Agreement With Existing Shareholders Of Freight Management Holdings
19/10/2020 02:17
Oct 19 (Reuters) - Singapore Post Ltd SPOS.SI :
* UNIT ENTERED CONDITIONAL SALE & PURCHASE AGREEMENT WITH
EXISTING
SHAREHOLDERS OF FREIGHT MANAGEMENT HOLDINGS PTY
* AGREEMENT TO ACQUIRE 38% STAKE IN FMH
* CONSIDERATION PAYABLE IN CASH IS A$85.0 MILLION
Source text for Eikon: ID:nSNZ7CvZCv
Further company coverage: SPOS.SI
((Reuters.Briefs@thomsonreuters.com;))
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