October 9, 2019 / 1:17 PM / 5 days ago

BRIEF-Louis Plc Sees Profit Of Around EUR 75 Million From Sale Of Assets

Oct 9 (Reuters) - Louis Plc:

* ANNOUNCES THAT THE PROFIT FROM SALE OF 5 GREEK HOTEL BUSINESSES TO REAL ESTATE FUNDS MANAGED BY BLACKSTONE IS EXPECTED TO BE AROUND EUR 75.0 MLN

* TRANSACTION IS ANTICIPATED TO TAKE PLACE BY THE END OF 2019

Source text : bit.ly/2p74nPU

Further company coverage: (Gdansk Newsroom)

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