News: SGP Stockland Corporation Announces Sale Of Its Retirement Living Business

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    Feb 23 (Reuters) -

    • STOCKLAND ANNOUNCES SALE OF ITS RETIREMENT LIVING BUSINESS
    • ANNOUNCES SALE OF ITS RETIREMENT LIVING BUSINESS
    • DISPOSAL RESULTS IN A PROFORMA 5% REDUCTION TO GROUP GEARING
    • PROPOSED DEAL FOR A$987M
    • AS A RESULT OF TRANSACTION, OVER 300 EMPLOYEES WILL TRANSFER TO EQT WITH BUSINESS
    • SALE OF RETIREMENT BUSINESS IS EXPECTED TO RESULT IN A TAXABLE CAPITAL GAIN FOR STOCKLAND
 
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Last
$5.50
Change
-0.050(0.90%)
Mkt cap ! $13.31B
Open High Low Value Volume
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No. Vol. Price($)
10 2950 $5.49
 

Sellers (Offers)

Price($) Vol. No.
$5.51 26281 19
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