CHARTER plc Further disposal of non-core business
26/02/2004
The Board of Charter plc is pleased to announce the completion of the sale of its 50% interest in GCE Gas Control Equipment AB (“GCE”) to Triton for an initial cash purchase consideration of SEK193 million (£14 million) received today. The consideration is subject to adjustment based on the audited net asset value of GCE as at 31 December 2003.
Contact
Andrew Fenwick; Pamela Small, Brunswick +44 (0) 20 7404 5959