Statement re: Acquisition Completion
December 23 2008 - 9:30AM
UK Regulatory
RNS Number : 7013K
Irish Life & Permanent PLC
23 December 2008
Tuesday 23rd December 2008.
Irish Life & Permanent plc has announced today that it has completed the final stage in the acquisition of Cornmarket Group Financial
Services Ltd in accordance with the terms of a shareholders agreement dated June 1999. The total consideration for the company stands at
EUR88.35 million of which EUR56.25 million falls for payment today. The company reported pre-tax earnings of EUR13.3million for the
financial year ended 31 December 2007.
For Further Information Contact:
Barry Walsh
Investor Relations
Ph. 00353 1 7042678
Ray Gordon
MKC Communications
Ph. 00353 1 6788099
Ph. 00353 87 2417373
Email: ray@mkc.ie
This information is provided by RNS
The company news service from the London Stock Exchange
END
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