BRIEF-Keppel REIT Divests 20% Minority Stake In Ocean Financial Centre To Allianz
Nov 30 (Reuters) - Keppel REIT:
* DIVESTS 20% MINORITY STAKE IN OCEAN FINANCIAL CENTRE TO ALLIANZ FOR S$537.3 MILLION
* PROCEEDS FROM DIVESTMENT WILL PROVIDE MANAGER WITH FINANCIAL FLEXIBILITY TO CONTINUE ITS DPU-ACCRETIVE UNIT BUY-BACK PROGRAMME
* CO WILL BE REALISING ABOUT S$77.1 MILLION OF CAPITAL GAINS Source text for Eikon: Further company coverage: