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Sydney - Wednesday - Nov 8: (RWE Australian Business News)...

  1. plushtek
    5,549 Posts.
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    08/11/06
    10:40
    Post #: 1911933
    Sydney - Wednesday - Nov 8: (RWE Australian Business News) -
    Digital media company Destra Corporation Limited (ASX:DES) is divesting
    its Web Hosting division to newly formed entity BlueFreeway Limited for
    an expected $20 million subject to Blue Freeway listing on the ASX.
    Digital and interactive marketing communications company,
    BlueFreeway, will acquire destra Hosting for a consideration expected to
    comprise $18 Million cash and approximately $2 million in
    BlueFreeway shares.
    ENDS
    DES Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
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