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News: LTN Lantern Hotel Group Ltd updates on sale of Waterworks Hotel, Botany, NSW

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    06/12/16
    17:06
    Post #: 21145874

    Dec 6 (Reuters) - Lantern Hotel Group Ltd (LTN)

    • Lantern hotel- sale price of $17.228m represents a 65% premium to 30 june 2016 book value and completion of sale is expected to occur in february 2017
    • Has entered into contracts for sale of freehold and business of waterworks hotel
    • Lantern hotel group ltd - sale of waterworks hotel, botany, nsw-ltn.ax
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