Brief: Tourism Holdings Says Co & Apollo Tourism & Leisure Enter Deal For Proposed Divestment To Jucy
22/09/2022 21:40
Sept 23 (Reuters) - Tourism Holdings Ltd THL.NZ :
* CO & APOLLO TOURISM & LEISURE ENTER AGREEMENT FOR PROPOSED
DIVESTMENT TO JUCY
* DEAL TO SELL CERTAIN APOLLO TOURISM & LEISURE ASSETS TO A
UNIT
OF JUCY GROUP (2022) LTD
* DEAL FOR INDICATIVE PURCHASE PRICE OF ABOUT NZ$45 MILLION
* CO & ATL AGREED WITH JUCY THAT MERGED GROUP WOULD SUPPLY
40
MOTORHOMES IN CY23
* EXPECTED THAT SALE OF ASSETS TO JUCY WILL COMPLETE
IMMEDIATELY
PRIOR TO COMPLETION OF PROPOSED MERGER WITH ATL
Further company coverage: THL.NZ ATL.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Tourism Holdings
See all newsBrief: Tourism Holdings Receives Revised Non-Binding Indicative Offer
Brief: Tourism Holdings Revises FY26 Guidance
NZ's Tourism Holdings surges on receiving revised buyout offer
Brief: Tourism Holdings Appoints Kate Meldrum As Group Chief Operating Officer
Brief: Tourism Holdings Limited Clarifies Proceeds Of Circa NZ$58.3M For UK Divestment