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Tribal Group PLC Announces Acquisition Of International Graduate Insight Group Limited


Thursday, 20 Dec 2012 02:00am EST 

Tribal Group PLC announced that it has entered into an agreement to acquire the entire issued share capital of the International Graduate Insight Group Limited, an education benchmarking and student experience research business. The acquisition is expected to complete on January 2, 2013 and a further announcement will be made to confirm completion has taken place. The total consideration for the entire issued share capital of i-graduate on a debt-free/cash-free basis will be up to a maximum of GBP7.5 million. An initial amount of GBP2.86 million is payable on completion. All consideration payments will be satisfied in cash from the group's existing cash resources. 

Company Quote

157.75
2.0 +1.28%
21 Nov 2014