Investor Relations
News Detail
28th Apr 2005
Sale of stake in iTouch plc for all-cash consideration of approx. €100 million
Independent News & Media PLC ('INM') (ticker: INWS.I ; INWS.L) is today very pleased to announce that it has agreed to sell its entire shareholding of 152,840,212 Ordinary Shares in iTouch plc to For-side.com Co. Ltd ('Forside') for an all-cash consideration.
The sale of the Group's shareholding which constitutes 37.44% of iTouch plc's issued share capital has been agreed at Stg.
