Dec 7 (Reuters) - Ariadne Australia Ltd ARA.AX :
* sale transaction is expected to complete on or after 6 january 2017
* Deal to dispose of its 50% interest in secure parking for approximately $75m
* Ariadne australia ltd- conditional sale transaction represents a significant premium to ariadne's book value of $11 million
* to use proceeds of transaction to invest in assets or opportunities that are consistent with its diversified investment strategy
* Has entered into a conditional agreement with (among others) park24 co., ltd
* net profit before tax attributable to members for hy, excluding the transaction, is expected to be in range of $4.4m to $5.4m
* sale of interest in secure parking & market update Source text for Eikon: ID:nASX6pr5M7 Further company coverage: ARA.AX