Brief: IBSM unit sells OOO Svetly Dali; IBSM sets off mutual claims with shareholder

Wise Finance SA

30/12/2015 09:24

Dec 30 (Reuters) - IBSM SA  IBSP.WA : 
    * Said on Tuesday that its unit, Cyprus-based Brinando 
Investments Limited, signed a deal with O.O.O. Russian 
Investment Club Asset Management Company to sell 100 percent 
stake in OOO Svetly Dali for $3,800 
    * Moreover, IBSM signed with its majority shareholder, 
Righteight Holdings Limited, an annex to agreement for sale of 
OOO Svetly Dali from Dec. 31, 2010 
    * Under the annex, parties decided to lower the sale price 
to $81.3 million from $ 100 million 
    * Additionally, parties decided that remaining part of sale 
price, of $1.3 million, will be covered by offsetting mutual 
claims of the parties  
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM2917270  urn:newsml:reuters.com:*:nEM2917272  urn:newsml:reuters.com:*:nEM2917280 
     
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