logo
Share SHARE
FONT-SIZE Plus   Neg

Siteserv Plc Conditionally Agrees For Disposal Of Its Siteserv Business

Siteserv Plc (SSV.L) Friday announced that it has conditionally agreed to the proposed disposal of Siteserv's infrastructure, utilities support services and access and formwork businesses carried on in Ireland and the United Kingdom to Millington.

The company stated that Milington is a special purpose acquisition vehivle controlled by Denis O'Brien.

Siteserv further noted that it has provisionally agreed for a sale consideration of approximately 45.42 million Euros, payable in cash.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
A California man has filed a lawsuit against McDonald's alleging that the fast food giant is defrauding customers by cramming its mozzarella sticks with filler instead of real cheese. Chris Howe is seeking at least $5 million in damages on behalf of consumers in 42 states and the District of Columbia. The... Jeep, the 4x4 vehicles, which has developed a strong bond with its masters, is aggressively on an expansion mode in its 75th anniversary year. Its fans have always been in love with the famous tag "Go Anywhere, Do Anything." Meat products maker Tyson Foods Inc. (TSN) reported a profit for the first-quarter that increased 49% from last year. It raised its profit outlook for fiscal year 2016 ,but it cut its annual sales guidance.
comments powered by Disqus
Follow RTT