December 20, 2019 / 1:37 PM / a month ago

BRIEF-Kingswood Holdings To Buy 85% Majority Interest In Chalice Capital Partners, Chalice Wealth Advisors For $4 Mln

Dec 20 (Reuters) - Kingswood Holdings Ltd:

* TO BUY 85% MAJORITY INTEREST IN CHALICE CAPITAL PARTNERS, CHALICE WEALTH ADVISORS IN SAN DIEGO, CALIFORNIA FOR $4.0 MILLION

* KINGSWOOD WILL FURTHER FOCUS ITS ATTENTION ON ACQUISITION TARGETS WITH REVENUES IN $5 MILLION TO $50 MILLION RANGE

* WILL ISSUE A TOTAL OF 900,000 CONVERTIBLE PREFERENCE SHARES Source text for Eikon: Further company coverage:

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