Brief: Vikas Lifecare Announces Acquisition Of Substantial Stakes In Sky 2.0 Club, Dubai
22/01/2024 04:59
Jan 22 (Reuters) - Vikas Lifecare Ltd VIKR.NS :
* ANNOUNCES ACQUISITION OF SUBSTANTIAL STAKES IN “SKY 2.0”
CLUB,
DUBAI (UAE) FOR ABOUT $79 MILLION
* ACQUISITION PROCESS SHALL BE COMPLETED WITHIN THIS FISCAL
YEAR
* ACQUISITION SHARE SWAP DEAL FOR 60% STAKES IN SKY 2.0
CLUB
BUSINESS, ALL FUTURE BUSINESS VENTURES
* DEAL FOR ENTERPRISE VALUATION OF ABOUT $130 MILLION
Source text for Eikon: ID:nBSE43nMtt
Further company coverage: VIKR.NS
((Reuters.Briefs@thomsonreuters.com;;))
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