Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Separation of Fiberweb

2nd Nov 2005 07:18

BBA Group PLC02 November 2005 BBA Group plc2nd November 2005 BBA Group plc announces proposed separation of Fiberweb BBA Group plc ("BBA") today announces that it intends to separate its Fiberwebbusiness from BBA. BBA believes that, as independent entities, Aviation Servicesand Fiberweb will be better placed to pursue their individual strategies andoperational development and to maximise value for shareholders. BBA is currently reviewing possible separation options, including demerger orsale of Fiberweb. A further announcement will be made in due course. Enquiries BBA Group plcRoy McGlone, Chief Executive 020 7514 3990 Brunswick Group LLP 020 7404 5959Mike SmithLucie Anne Brailsford Merrill Lynch 020 7628 1000Philip YatesRichard Taylor Tricorn Partners 020 7823 0888Guy Dawson This information is provided by RNS The company news service from the London Stock Exchange

Related Shares:

SIG.L
FTSE 100 Latest
Value8,717.97
Change-21.29