About Us Direct to You Research Archives Currencies Shares Media
Monitoring Home

PRODUCT PROFILE

Latest Dublin Prices

NAME	LATEST	CHANGE
Aer Lingus	1.60	0.00	more
BoI	0.18	0.00	more
CRH	16.98	-0.23	more
Elan	9.20	0.15	more
Glanbia	10.88	-0.22	more
Grafton	5.59	0.05	more
Greencore	0.64	-0.02	more
Ind. News	0.12	0.01	more
Ryanair	6.77	0.01	more

Shares in full

Independent sells SA business

Monday, February 18 07:47:37

Independent News and Media has agreed details of a deal with Sekunjalo Independent Media Consortium for the sale of its South African business. The deal is worth about E170m according to RTE News.

The disposal of the South African business will require both Independent shareholder approval and Competition Commission approval in South Africa. Independent News and Media is selling the business to pay down some of its E430m debt. It said the details of the deal will remain confidential. Last week the company said it was attempting to remove the chief executive of an Australian media operation in which it has a 29pc stake

Business World is a service of Media World Ltd. All rights reserved. While every effort has been made to ensure the accuracy of the data provided, neither Media World Ltd nor its agents or representatives will be responsible for any loss or damage on the part of users however caused. The service is for entertainment only, and no decisions, particularly investment decisions, should be taken on the basis of information supplied in the service.