Nov 22 (Reuters) - Ibstock Plc IBST.L :
- IBSTOCK - SALE OF ENTIRE ISSUED SHARE CAPITAL OF GLEN-GERY TO BRICKWORKS LIMITED FOR AN ENTERPRISE VALUE OF US$110 MILLION ON A DEBT FREE CASH FREE BASIS
- PROCEEDS RECEIVED BY GROUP WILL BE USED TO REPAY DEBT
- IBSTOCK - AS A RESULT OF DISPOSAL, AND IN COMBINATION WITH UNDERLYING CASH GENERATION, EXPECT CO'S NET DEBT TO BE AROUND £50 MILLION BY END OF 2018
- PREVIOUSLY ANNOUNCED ENHANCED MAINTENANCE PROGRAM IN ITS UK BRICK BUSINESS IS PROGRESSING WELL
- GROUP REMAINS ON COURSE TO DELIVER ADJUSTED EBITDA OF £121 MILLION TO £125 MILLION FOR YEAR ENDED 31 DECEMBER 2018
- IBSTOCK -AS UNCERTAINTY AROUND ONGOING NEGOTIATIONS FOR UK'S WITHDRAWAL FROM EU PERSISTS, MARKET BACKDROP IN NEW BUILD HOUSING SECTOR REMAINS POSITIVE
News: BKW Ibstock Announces Sale Of Glen-Gery To Brickworks Limited
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Last
$34.27 |
Change
-0.230(0.67%) |
Mkt cap ! $5.241B | |||
| Open | High | Low | Value | Volume |
| $34.50 | $34.61 | $34.20 | $3.077M | 89.61K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100 | $34.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.42 | 267 | 2 |
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