LTN lantern hotel group

News: LTN Lantern Hotel to sell freehold and business of Ambarvale Hotel

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    Nov 10 (Reuters) - Lantern Hotel Group Ltd (LTN)

    • Entered into contracts for sale of freehold and business of Ambarvale Hotel
    • Sale priceof$21.2 million represents 50.2%premium to 30 june 2016 book value and completion ofs ale is expected to occur in mid-dec 2016
    • Sale of ambarvale hotel, ambarvale, nsw-ltn.ax
 
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