BRIEF-Conduit Capital says buys Snowball Wealth, Midbrook Lane

  • Reuters
  • Stock Market News
BRIEF-Conduit Capital says buys Snowball Wealth, Midbrook Lane

Sept 16 (Reuters) - Conduit Capital Ltd CNDJ.J :

* Conduit capital has concluded sale of shares agreements with Snowball Wealth and Midbrook Lane

* Snowball Wealth's NAV at determination date estimated to be 464.6 mln rand, Midbrook Lane's NAV estimated to be 167.7 mln rand

* Snowball Wealth purchase consideration, Midbrook Lane purchase consideration is to be settled by issuing of co's shares Source text for Eikon: Further company coverage: CNDJ.J

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