Brief: Rubicon Enters Into Arrangements To Sell 44.88 Percent Stake In Tenon Clearwood Ltd
Dec 11 (Reuters) - Rubicon Ltd RBC.NZ :
* ENTERED INTO ARRANGEMENTS TO SELL ITS 44.88 PERCENT
OWNERSHIP
INTEREST IN TENON CLEARWOOD LTD
* NEGOTIATED PRICE FOR SALE OF TCLP SHAREHOLDING IS US$14.2
MILLION
* FINAL PURCHASE PRICE ESTIMATED TO BE CIRCA $15.3 MILLION
Source text for Eikon: urn:newsml:reuters.com:*:nNZWP4D5D
Further company coverage: RBC.NZ
((Bangalore.newsroom@thomsonreuters.com;))
Recent news on Arborgen Holdings
See all newsNZ's ArborGen Holdings falls to record low after CEO resigns
Brief: Arborgen Holdings Says Justin Birch Resigned As CEO
Brief: Arborgen Holdings Logs FY Net Income USD -7.5 Mln
New Zealand's ArborGen rises to 2-1/2-week high as annual loss narrows
Brief: Arborgen Sees FY Adjusted US GAAP EBITDA To Be Between USD$10.3M And $10.7M