BRIEF-IRSA Propiedades Comerciales reaches 70 pct stake in Entertainment Holdings

viernes 8 de julio de 2016 01:51 GYT

July 8 (Reuters) - IRSA Propiedades Comerciales SA :

* Said on Thursday it had acquired a 25 percent stake in Entertainment Holdings SA (EHSA) from FEG Entretenimientos SA for 66.5 million Argentine pesos ($4.5 million)

* IRSA Propiedades Comerciales sold a 5 percent stake in EHSA to Diego Finkelstein for 13.5 million Argentine pesos

* As a result of the transactions, IRSA Propiedades Comerciales holds a 70 percent stake in EHSA and Diego Finkelstein the remaining 30 percent

Further company coverage:

($1 = 14.6940 Argentine pesos) (Gdynia Newsroom)