Brief: ZZ Capital International updates on acquisition of entire equity interest in Alerian

Kingwisoft Technology Co

14/07/2017 12:36

July 14 (Reuters) - ZZ Capital International Ltd  8295.HK : 
    * Acquisition of entire equity interest in Alerian 
    * Initial consideration for deal will comprise an initial 
cash consideration, expected to be approximately US$506 million 
    * ZZCI Index Partners Llc entered into unit purchase 
agreement with Gabriel Hammond, Daniel Hammond and Kenny Feng 
    * Total consideration payable by buyer under unit purchase 
agreement is not expected to exceed US$812 million 
 
Source text for Eikon:  ID:nHKS409NWq  
Further company coverage:  8295.HK  
 
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