Orient Overseas (International) Says Units To Sell Entire Interests In LBCT LLC [Reuters]
ORIENT OVERSEAS INR U/ADR (OROVY)
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Source: Reuters
Orient Overseas (International) Ltd (0316.HK) Key Developments | Reuters.com April 30 (Reuters) - Orient Overseas (International) Ltd ::UNITS ENTERED SALE AND PURCHASE AGREEMENT WITH OLIVIA HOLDINGS TO SELL ENTIRE INTERESTS IN LBCT LLC FOR US$1.78 BILLION.EXPECTED TO REALISE AN ESTIMATED GAIN BEFORE TAX OF ABOUT US$1.293 BILLION FROM DEAL. Reuters, the news and media division of Thomson Reuters , is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn more about Thomson Reuters products: All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays.
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