7th Mar 2008 13:00
7 March 2008
Acquisition of Edinfor minority interest
LogicaCMG plc ("Logica") has today announced the completion of the acquisition of the 40% minority interest in Edinfor from EDP, for ‚£42.0 million (¢â€š¬55.0 million), as a result of the exercise of the put option held by EDP over its interest in Edinfor.
At the time of the announcement of the Telecoms Products disposal in early 2007, we allocated a portion of the proceeds to be used to buy out the remaining minority interests in Edinfor and WM-data.
For further information please contact:
Logica investor relations - Karen Keyes/Frances Gibbons +44 (0)20 7446 1338
Logica media relations - Carolyn Esser/Louise Fisk +44 (0)20 7446 1786
LOGICACMG PLCRelated Shares:
LOG.L