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BRIEF-Ascendas India Trust signs term sheet with Arshiya
April 12, 2017 / 1:50 PM / 5 months ago

BRIEF-Ascendas India Trust signs term sheet with Arshiya

April 12 (Reuters) - Ascendas India Trust

* Announce signing of a term sheet with Arshiya, for proposed acquisition of operating warehouses, at Arshiya free trade warehousing zone

* Consideration for proposed acquisition comprises upfront payment of INR 4.34 billion

* Consideration for proposed acquisition also comprises additional deferred consideration of up to inr 1.0 billion to be paid over 4 years Source text for Eikon: Further company coverage:

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