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Steinhoff: Sale Of Shares In PSG Group Limited

Friday, 15 Dec 2017 09:01am EST

Dec 15 (Reuters) - STEINHOFF ::DGAP-ADHOC: STEINHOFF INTERNATIONAL HOLDINGS N.V. : SALE OF SHARES IN PSG GROUP LIMITED <<>>.HAS TODAY SOLD APPROXIMATELY 20.6 MILLION SHARES IN PSG GROUP LIMITED ("PSG"), AN INDIRECT AFFILIATE OF COMPANY.SALE PRICE WAS R230 PER PSG SHARE.SHARE SALE RELATES TO APPROXIMATELY 9.5% OF ISSUED SHARE CAPITAL OF PSG.FOLLOWING SHARE SALE, COMPANY'S INDIRECT INTEREST IN PSG HAS REDUCED FROM 25.5% TO APPROXIMATELY 16.0%.PROCEEDS FROM SHARE SALE, BEFORE COSTS, AMOUNT TO APPROX ZAR4.7 BILLION (BEING APPROXIMATELY EUR293 MILLION).PROCEEDS WILL BE USED IN SUPPORT OF OPERATIONAL ACTIVITIES.

Affiliates Of Apollo Natural Resource Partners II To Acquire Phoenix Services

Friday, 15 Dec 2017 09:00am EST

Dec 15 (Reuters) - Apollo Global Management Llc ::AFFILIATES OF APOLLO NATURAL RESOURCE PARTNERS II TO ACQUIRE PHOENIX SERVICES.PHOENIX SERVICES LLC - ‍TERMS OF TRANSACTION WERE NOT DISCLOSED. ​.

GFA unit to set up restaurant and apparel related JVs with MN Design Office

Friday, 15 Dec 2017 05:13am EST

Dec 15 (Reuters) - GFA Co Ltd <8783.T>:Says co's unit GFA Capital plans to set up restaurant related JV and apparel related JV with MN Design Office Co., Ltd. in January 2018 .Says unit and MN Design Office will hold 20 percent stake and 80 percent stake in the JVs respectively.

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