March 16, 2017 / 11:28 AM / 5 months ago

BRIEF-Indluplace Properties to buy Diluculo Properties for 475 mln rand

March 16 (Reuters) - Indluplace Properties Ltd:

* Acquisition OF Diluculo Properties and withdrawal of cautionary announcement

* Concluded agreement to acquire Diluculo Properties proprietary for aggregate consideration of R475 mln

* Initial purchase consideration will be paid in cash on second day after closing date Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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