BRIEF-Emira Unable To Proceed With Acquisition Of SA Corporate Real Estate

  • Reuters
  • Stock Market News
BRIEF-Emira Unable To Proceed With Acquisition Of SA Corporate Real Estate
Credit: © Reuters.

Aug 6 (Reuters) - Emira Property Fund EMIJ.J :

* JSE: EMI - EPF010 - UPDATE ON PROPOSED ACQUISITION OF THE ENTIRE ISSUED SHARE CAPITAL OF SA CORPORATE REAL ESTATE LIMITED

* EMIRA PROPERTY FUND - REMAINS OF VIEW THAT PROPOSAL TO POTENTIALLY COMBINE WITH SAC IS COMPELLING FOR BOTH SAC AND EMIRA

* EMIRA PROPERTY FUND - EMIRA IS UNABLE TO PROCEED WITH ITS PROPOSAL AT THIS TIME

* EMIRA PROPERTY FUND - UNABLE TO PROCEED DUE TO ABSENCE TO FURTHER INTERROGATE VALUE PROPOSITION OF PROPOSED TRANSACTION WITH SAC

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