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!

Statement re Possible Offer

4th Dec 2008 10:08

NEWCOURT GROUP PLC ("NEWCOURT" OR THE "COMPANY")

STATEMENT IN RELATION TO POSSIBLE OFFER

Further to the announcement of 9 October 2008, the Board of Newcourt announces that it has been informed by Ted O'Neill, Phil Sykes and Hugh O'Neill that, as a consequence of the uncertainty currently prevailing in international capital markets, it has not been possible to secure the necessary finance to make an offer for the Company, on satisfactory terms.

The Board of Newcourt will continue to evaluate a range of strategic options and will make further announcements as, and when, appropriate.

Enquiries:

Davy Corporate Finance
Ivan Murphy, Director +353 (0) 1 679 6363
K Capital Source
Mark Kenny/Jonathan Neilan +353 (0) 1 631 5500

The Directors of Newcourt accept responsibility for the information contained in this announcement. To the best of their knowledge and belief (having taken all reasonable care to ensure that such is the case), the information contained in this announcement for which they accept responsibility is in accordance with the facts and does not omit anything likely to affect the import of such information.

Copyright Business Wire 2008


Related Shares:

New World Oil And Gas
FTSE 100 Latest
Value8,275.66
Change0.00