September 30, 2016 / 1:06 PM / 10 months ago

BRIEF-United Industrial updates on acquisition of 120 Holborn London

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Sept 30 (Reuters) - United Industrial Corporation Ltd :

* Pdf 1: United Industrial Corporation Limited (Acquisition Of 120 Holborn London)

* Deal for consideration of £229.6 million

* Unit entered into a sale and purchase agreement with holborn management limited and 120 holborn propco limited

* Agreement to acquire all interest in and estate to property

* Acquisition would be financed by internal resources and external borrowings

* Acquisition is not expected to have a material impact on group's net tangible assets or earnings per share Source text for Eikon: Further company coverage:

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