Newcourt in takeover talks with property manager Ely

IEX-listed support services group Newcourt has begun takeover talks with property management business Ely.

Newcourt in takeover talks with property manager Ely
Thu, 13 Jul, 2006 - 09:03

IEX-listed support services group Newcourt has begun takeover talks with property management business Ely.

A buy-out of all Ely shares, if agreed, is expected to be funded from a combination of Newcourt's internal resources, external debt and a market placing of Newcourt shares.

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