KINGSPAN, the building materials group, will see a rise in its net assets from £18.7 million to £28.1 million following the takeover of Ward (UK) and a right issue, according to a pro-forma balance sheet. The acquisition of Ward will have to be approved by shareholders at an extraordinary general meeting on January 13th. The takeover will cost £25.9 million.
Kingspan rights document
KINGSPAN, the building materials group, will see a rise in its net assets from £18.7 million to £28
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