Kingspan settles dispute with Tate

Construction giant Kingspan today announced a settlement agreement in the company's dispute with US flooring group Tate Global Corporation.

Kingspan settles dispute with Tate
Tue, 04 Jan, 2005 - 13:29

Construction giant Kingspan today announced a settlement agreement in the company's dispute with US flooring group Tate Global Corporation.

The dispute with Tate dates back to January 2001.

The settlement includes a $36m reduction to the purchase price of the stock of Tate Global Corporation purchased by Kingspan.

Kingspan shares are trading at €7.05 today.

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