Selina Hospitality Enters Sale And Purchase Agreement With Osprey International; Osprey Acquires 42.9% Interest In Selina Holding Australia For Approximately $3.5M
Portfolio Pulse from Benzinga Newsdesk
Selina Hospitality has entered into a sale and purchase agreement with Osprey International, where Osprey will acquire a 42.9% interest in Selina Holding Australia for approximately $3.5 million.
July 02, 2024 | 12:10 pm
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Selina Hospitality has entered into a sale and purchase agreement with Osprey International, where Osprey will acquire a 42.9% interest in Selina Holding Australia for approximately $3.5 million.
The acquisition of a significant interest in Selina Holding Australia by Osprey International is likely to be viewed positively by investors, as it indicates confidence in Selina's business prospects and provides additional capital.
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