AHG automotive holdings group limited.
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Nov 23 (Reuters) - Automotive Holdings Group Ltd (AHG) said on...

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    23/11/17
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    Post #: 29043248

    Nov 23 (Reuters) - Automotive Holdings Group Ltd (AHG) said on Thursday it will sell its refrigerated logistics business to a unit of HNA Group (International) Co Ltd for A$280 million ($213.28 million) in cash.

    The enterprise value of the deal will be A$400 million after including assumptions of finance lease liabilities associated with the refrigerated logistics business.

    Stephen Cleary will remain with the refrigerated logistics business as CEO, the company said. ($1 = 1.3129 Australian dollars)

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