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BRIEF-Sygnia says two suspensive conditions on DB X-Tracker deal fulfilled
June 14, 2017 / 2:28 PM / 5 months ago

BRIEF-Sygnia says two suspensive conditions on DB X-Tracker deal fulfilled

June 14 (Reuters) - Sygnia Ltd:

* Entered sale of shares agreement to acquire shares in DB X-Trackers (rf) Proprietary Limited (“dbx”) from Deutsche Group Holdings (South Africa)

* Purchase price of r325 million will be settled by company through utilisation of a bridge loan from Nedbank

* Deal approved by competition authorities and registrar of collective investment schemes Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)

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