Feb 20 (Reuters) - Australian fuel supplier Viva Energy Group (VEA) said it would sell its 35.5% stake in petrol station owner Viva Energy REIT (VVR) for about A$207.1 million ($137.56 million).
The company said on Thursday that 10% of the stake would be equally split between Charter Hall Group (CHC) and Charter Hall Long WALE REIT (CLW) .
It added that it had entered into an underwriting agreement with two lead managers for the sale of the remainder. ($1 = 1.5056 Australian dollars)
News: CHC Australia's Viva Energy sells 35.5% stake in Viva Energy REIT
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Mkt cap ! $10.29B | |||
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