CHC charter hall group

News: CHC Ampol to sell 49% stake in convenience stores property trust for $489.40 million

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    Aug 17 (Reuters) - Australia's Ampol Ltd (ALD) said on Monday it would sell a 49% stake in a property trust that owns convenience stores to Singaporean sovereign wealth fund GIC

    and Charter Hall Group (CHC) for A$682 million ($489.81 million).

    The country's biggest fuel supplier said the minority stake was in a newly created property trust which would own 203 convenience retail sites throughout Australia.

    ($1 = 1.3924 Australian dollars)

 
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