December 20, 2017 / 11:01 AM / 8 months ago

BRIEF-Hotel Properties Says Unit Enters With Agreement ISY Holdings

Dec 20 (Reuters) - Hotel Properties Ltd:

* UNIT ENTERS WITH AGREEMENT ISY HOLDINGS FOR HPLPSEA TO ACQUIRE 50% STAKE IN PALMCO HOTELS AND 10% STAKE IN HRH MERCHANDISE

* ‍SHARE ACQUISITION EXPECTED TO INCREASE EPS OF CO FROM 18.13 CENTS TO 20.18 CENTS​

* DEAL FOR 105 MILLION RGT Source text for Eikon: Further company coverage:

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