BRIEF-Delta says broad-based black empowerment consortium wishes to take 51 pct stake in co

  • Reuters
  • Stock Market News
BRIEF-Delta says broad-based black empowerment consortium wishes to take 51 pct stake in co
Credit: © Reuters.

April 21 (Reuters) - Delta Property Fund Ltd DLTJ.J :

* Has been approached by a broad-based black empowerment consortium led by management of co

* Consortium wishes to subscribe for a shareholding of up to 51 pct in Delta

* Board has constituted an independent sub-committee to assess terms of proposed transaction

* Proposed transaction may have a material effect on price of Delta shares Source text for Eikon: ID:nJseU0044a Further company coverage: DLTJ.J

(Bengaluru Newsroom: +91 80 6749 1136)

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100