Friday, 3 August 2012

Akzonobel Signs Agreement To Sell Its Shares In ICI Pakistan

AkzoNobel has reached an agreement to sell its 75.81 percent shareholding in ICI Pakistan Limited to the Yunus Brothers Group for $152.5 million (€124.4 million). The price represents a premium of 30 percent on the market price when the local stock exchange closed on Friday, July 27. The price is subject to adjustments for cash/debt as at the date competition clearance is obtained and for interest from that date until closing.




Continue Reading...
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)