Jan 23 (Reuters) - Abacus Group (ABG) :
- DIVESTMENT OF NON-CORE ASSETS
- EXCHANGED UNCONDITIONAL CONTRACTS TO DISPOSE OF 2 NON-CORE COMMERCIAL ASSETS
- ASSETS INCLUDE DIVESTMENT OF A 100% INTEREST IN 63 ANN STREET, AMONG OTHERS
- DIVESTMENT EXPECTED TO SETTLE NO LATER THAN APRIL 2024
- DIVESTMENT FOR NET CONSIDERATION OF AROUND A$107 MILLION
- REMAIN OPEN TO DISPOSING ASSETS WHERE ITS APPROPRIATE
- SETTLEMENT PROCEEDS TO BE UTILISED TO REDUCE DEBT
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