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BRIEF-MG Unit Trust updates on divestment of interest in Dairy Technical Services

Published 18/04/2016, 09:18 am
© Reuters.  BRIEF-MG Unit Trust updates on divestment of interest in Dairy Technical Services
MGC
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April 17 (Reuters) - MG Unit Trust MGC.AX :

* Divestment of interest in dairy technical services limited MGC.AX

* Murray goulburn co-operative signed agreement to divest its 25.26 percent

stake in food testing business, dairy technical services limited

* Earnings impact of the divestment is immaterial

* Divestment of mg's interest in dts is expected to result in one-off profit

before tax on sale of $18 million in FY ending 30 June 2016

* Source text ID:

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