May 29, 2017 / 3:22 PM / 2 months ago

BRIEF-Melco International Development says sale of shares in MelcoLot Ltd

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May 29 (Reuters) - Melco International Development Ltd

* Melco LottVentures, 500.com and company entered into a sale and purchase agreement

* Total consideration for sale shares is hk$322.2 million, equivalent to hk$0.252 per sale share

* Melco LottVentures to sell 1.28 bln MelcoLot shares, representing about 40.65% of issued share capital of MelcoLot Source text for Eikon: Further company coverage:

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