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BRIEF-IMF Bentham updates on mediation in class action against Aecom Australia Pty and others

Published 31/05/2016, 07:35 pm
© Reuters.  BRIEF-IMF Bentham  updates on mediation in class action against Aecom Australia Pty and others
OBL
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May 31 (Reuters) - IMF Bentham Ltd IMF.AX :

* Conditional settlement - rivercity IMF.AX

* Announces confidential settlement of case on a no admissions basis for an

amount of $121 million inclusive of costs"

* Says refers to announcement of the mediation in the class action against

aecom Australia pty limited and others

* Expects to generate revenue of $40 million and profit after capitalised

overheads of $29 million likely be recognised for FY ended 30 June 2017

* Source text for Eikon ID:nASX7xLm5q

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