BRIEF-UGE International announces agreement to spin-off wind operations

Wed Aug 3, 2016 10:00am EDT
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Aug 3 (Reuters) - UGE International Ltd

* Announces agreement to spin-off wind operations

* Terms set out in term sheet will be reflected in a definitive share sale agreement to be entered into among parties

* Purchaser will assume (through acquisition of shares in holdings) all of assets and liabilities owned by sale group Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)