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RSM Tenon Group PLC Announces Disposal of Individual Voluntary Arrangements Business


Friday, 28 Sep 2012 02:06am EDT 

RSM Tenon Group PLC announced that, twith reference to the announcement of September 21, 2012, it has signed a binding agreement to dispose of the IVA (Individual Voluntary Arrangements) business of RSM Tenon Recovery to Grant Thornton UK LLP. Completion of the Transaction is expected to occur on or before October 5, 2012. Net cash proceeds for the Transaction are expected to be approximately GBP7 million, after costs and certain post completion adjustments. 

Company Quote

3.6
0.2 +5.88%
20 May 2013