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Don't have an account? Click here to register.Universe Sells JetSet For GBP0.4M Cash
Mon, 26th Jul 2010 08:08
LONDON (Dow Jones)--Universe Group PLC (UNG.LN), said Monday that it has sold JetSet for a consideration of GBP0.4 million to be satisfied in cash, and said it intends to use the net proceeds from the sale of JetSet to reduce the company's overall levels of debt. -Shares at 0710 GMT up 0.13 pence, or 4.35%, at GBP3.0 pence, valuing the company at GBP3.44 million. -By Razak Musah Baba, Dow Jones Newswires; 44-20-7842-9275; razak.baba@dowjones.com (END) Dow Jones Newswires July 26, 2010 03:08 ET (07:08 GMT)
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Universe Group acquires retail software developer Spedinorcon
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Universe Group dives after cautious statement on H2 performance
AIM-listed customer loyalty systems developer Universe Group sent its shares south on Tuesday after Chairman Robert Goddard admitted to doubts about the timing of major contracts. Speaking at the company's annual general meeting, Goddard said Universe's second half performance remained dependent o
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