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IVO Touchstone

315.00
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Touchstone LSE:IVO London Ordinary Share GB00B170L953 ORD 3 1/33P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 315.00 305.00 325.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Imperial Innovations Sells Portfolio Firm Permasense for GBP41 Million

03/10/2016 12:50pm

Dow Jones News


Touchstone Innovations (LSE:IVO)
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LONDON--Imperial Innovations Group PLC (IVO.LN) said Monday that it has sold portfolio company Permasense Ltd., a engineering technology company, for a total consideration of 40.6 million pounds ($51.84 million).

The investment company sold Permasense to Emerson Electric Co. (EMR). The deal consideration comprises of an initial consideration of GBP30.6 million and a further consideration of up to GBP10.0 million dependent upon Permasense achieving certain performance targets.

Shares of Imperial Innovations at 1118 GMT trading 2.8% lower at 425 pence.

 

Write to Tapan Panchal at tapan.panchal@wsj.com

 

(END) Dow Jones Newswires

October 03, 2016 07:35 ET (11:35 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

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