IFG down as Woodchester joint venture sealed

Financial services group IFG has announced it is to sell 50% of its IFG Mortgages operation to GE Capital Woodchester for €13.3m.

Financial services group IFG has announced it is to sell 50% of its IFG Mortgages operation to GE Capital Woodchester for €13.3m.

Shares in IFG fell 17c to €1.08. It will now be run as a joint venture.

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