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News: MGC MG Unit Trust updates on divestment of interest in Dairy Technical Services

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    18/04/16
    09:20
    Post #: 17527746

    April 17 (Reuters) - MG Unit Trust (MGC) :

    • Divestment of interest in dairy technical services limited (MGC)
    • Murray goulburn co-operative signed agreement to divest its 25.26 percent

      stake in food testing business, dairy technical services limited

    • Earnings impact of the divestment is immaterial
    • Divestment of mg's interest in dts is expected to result in one-off profit

      before tax on sale of $18 million in FY ending 30 June 2016
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