BRIEF-Swire Pacific enters sale and purchase agreement

Oct 28 (Reuters) - Swire Pacific Ltd * Entered into sale and purchase agreement on 28th october 2016 for sale of swire properties' 100% interest in target company * Total cash consideration of hk$6.53 billion * Swire properties is expected to record a gain on disposal of approximately hk$1.17 billion Source text for Eikon: Further company coverage: