Brief: Varia US Properties To Purchase Non-Controlling Interests In Its Portfolio

Varia US Properties AG

18/12/2017 06:05

Dec 18 (Reuters) - VARIA US PROPERTIES LTD  VARN.S : 
    * TO PURCHASE NON-CONTROLLING INTERESTS IN ITS PORTFOLIO 
    * TRANSACTION WILL GRANT COMPANY WITH 100% OWNERSHIP ON ITS 
REMAINING PORTFOLIO 
    * VARIA US PROPERTIES -REACHED AGREEMENT WITH PEAK CAPITAL 
PARTNERS TO BUY OUT INTERESTS OF PEAK CAPITAL PARTNERS AND ITS 
AFFILIATES 
    * PARTICIPATION IS ESTIMATED TO AMOUNT TO APPROXIMATELY USD 
22.4 
MILLION 
 
Source text for Eikon:  ID:nNDL2Vd3DJ  
Further company coverage:  VARN.S  
 
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