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BRIEF-Eshraq Properties eyeing merger with Reem Investment
August 30, 2017 / 6:05 AM / 22 days ago

BRIEF-Eshraq Properties eyeing merger with Reem Investment

Aug 30 (Reuters) - ESHRAQ PROPERTIES COMPANY

* SAYS IN DISCUSSIONS WITH REEM INVESTMENT REGARDING ACQUISITION OF STRATEGIC SHAREHOLDING IN ESHRAQ BY SUBSCRIPTION OF NEW ISSUED SHARES

* SAYS IN RETURN FOR NEW ISSUED SHARES PURCHASED BY REEM, CO TO ACQUIRE REEM'S GROUP BUSINESS AND ASSETS, COMBINING TWO REAL ESTATE DEVELOPERS INTO ONE Source: (bit.ly/2wnhPig) Further company coverage:

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