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
The Justice Department has initiated a probe to find out if airlines are colluding to limit seating capacity in order to benefit from higher airfares. Saudi Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud has pledged to give away his entire wealth amounting to $32 billion for charity. He said the fund will be utilized for cultural understanding, develop communities, empower women, enable youth, provide vital disaster relief and create a more tolerant and accepting world. Toyota accepted the resignation of its Chief Communications Officer Julie Hamp, following her arrest in Japan for allegedly mailing banned painkillers to her address in Japan from U.S.
comments powered by Disqus
Follow RTT