Fyffes gains on ISEQ

Fruit distribution company Fyffes rose 13c to €2.26 following the news that they intend to establish a new, separately quoted property company, Bluestone Properties plc, with initial net assets of approximately €200m.

Fyffes gains on ISEQ
Thu, 15 Dec, 2005 - 18:08

Fruit distribution company Fyffes rose 13c to €2.26 following the news that they intend to establish a new, separately quoted property company, Bluestone Properties plc, with initial net assets of approximately €200m.

Fyffes’ shareholders will directly own 60% of Bluestone, corresponding to €120m of book value, 34c per share.

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CourtsBusinessHeathrowPlace: IrelandPlace: UKOrganisation: FyffesOrganisation: IseqOrganisation: Bluestone Properties plcOrganisation: Fyffes’Organisation: BluestoneOrganisation: AIBOrganisation: Bank of IrelandOrganisation: Anglo Irish BankOrganisation: ElanOrganisation: Trinity Bio-techOrganisation: FBDOrganisation: CRH
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