Brief: Tai United Holdings says unit entered into acquisition agreement
24/11/2016 22:02
Nov 25 (Reuters) - Tai United Holdings Ltd 0718.HK :
* Purchaser (an indirect wholly-owned subsidiary of company)
and vendor entered into acquisition agreement
* Deal for cash consideration of approximately GBP16.1 mln
* Total consideration payable by purchaser to vendor is
expected to be approximately GBP45.1 mln
* Consideration will be settled in cash
* Vendor is Leon Property Holdings Limited
* Company intends to finance acquisition by way of mortgage
loans and/or internal resources
Source text for Eikon: ID:nHKS7dsWmC
Further company coverage: 0718.HK
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