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BRIEF-Taste Holdings says to acquire shares and claims in Aloysius
December 20, 2016 / 12:32 PM / a year ago

BRIEF-Taste Holdings says to acquire shares and claims in Aloysius

Dec 20 (Reuters) - Taste Holdings Ltd :

* Acquisition of 60 pct of ordinary shares in issue and 100 pct of claims held by Fiamme Pizza Proprietary in Aloysius Trading Proprietary Limited, by Taste Food Franchising Proprietary Limited

* Purchase consideration of r120 for 120 shares in Aloysius and r6 000 000 for claims in Aloysius

* Total consideration of r6 000 320 (“purchase consideration”) shall be settled in cash generated from operations. Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)

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