Nov 7 (Reuters) - Avi Ltd AVIJ.J :
* JSE: AVI - DISPOSAL OF I&J'S 40% EFFECTIVE INTEREST IN THE SIMPLOT SEAFOOD SNACKS AND MEALS JOINT VENTURE
* AVI LTD - PROPOSED DEAL FOR AUD62 MILLION
* AVI - TRANSACTION TO RESULT IN CAPITAL GAIN, AFTER TAX, OF ABOUT R370 MILLION BEING RECOGNISED IN AVI'S RESULTS FOR SIX MONTHS ENDED 31 DECEMBER 2019
* AVI LTD - CO, I&J ENTER INTO AGREEMENT WHERE SIMPLOT AUSTRALIA TO BUY I&J'S 40% INTEREST IN SIMPLOT JV, RIGHTS TO SOME INTELLECTUAL PROPERTY ASSETS