LONDON, England, Nov. 10 /CNW/ - It was announced yesterday by Hammerson plc and OMERS Realty Corporation that an agreement has been reached for the purchase of Hammerson Canada Inc. by OMERS Realty Corporation. The transaction is scheduled to close between year-end 1998 and February 1, 1999. As part of the transaction, Hammerson Canada Inc. intends to give notice of prepayment to its two outstanding bond issues. -0- 11/10/1998 /For further information: Ronald Spinney, Hammerson plc, Chief Executive, Tel: 011-44-171-887-1000, Fax: 011-44-171-887-1010; Elisabeth Stroback, Hammerson Canada Inc., President and Chief Executive Officer, Tel: (905) 270-7000, Fax: (905) 270-7002/ (HPD.) CO: Hammerson Canada Inc.; Hammerson PLC; OMERS Realty Corporation ST: IN: RLT SU: TNM -30- -0- (CNS) Nov/10/98 10:16 EOS (CNS) Nov/10/98 10:17 86 â -0- (CNS) Nov/10/1998 10:32
HAMMERSON - SALE OF CANADIAN BUSINESS
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