1st Apr 2008 08:54
Kesa Electricals plc01 April 2008 1 April 2008 Kesa Electricals announces the completion of the sale of BUT to a consortiumcomposed of Colony Capital, Goldman Sachs and Merchant Equity Partners Further to the announcements made on 28 December 2007 and 30 January 2008regarding the proposed sale by Kesa Electricals plc ("Kesa") of BUT (itsfurniture and electricals business) to Decomeubles Partners SAS (a companybacked by a consortium composed of Colony Capital, Goldman Sachs and MerchantEquity Partners) for €550 million, Kesa confirms that all conditions precedentwere fully satisfied and the sale was completed yesterday evening (31 March2008). Ends Contacts: AnalystsKesa Electricals plcSimon Ward +44 (0) 20 7269 1400 MediaKesa Electricals plcAnnabel Donaldson UK +44 (0) 20 7269 1400 FinsburyAlex Pettifer UK +44 (0) 20 7251 3801 Euro RSCGBenjamin Perret France +33 (0) 1 58 47 95 39 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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