January 26, 2018 / 3:13 PM / 7 months ago

BRIEF-International Public Partnerships Says Does Not Believe Liquidation Of Carillion Would Have Significant Valuation Impact On Co

Jan 26 (Reuters) - INTERNATIONAL PUBLIC PARTNERSHIPS LTD -

* ‍NOTES RECENT MARKET COMMENTARY REGARDING IMPACT OF LIQUIDATION OF CARILLION PLC​

* ‍SINCE JAN 15, MADE GOOD PROGRESS ON TRANSITION OF PROJECTS MANAGED BY CARILLION SERVICES LIMITED TO ALTERNATIVE PROVIDERS

* ‍REITERATES STATEMENT CO DOES NOT BELIEVE THAT LIQUIDATION OF CARILLION IS LIKELY TO HAVE ANY SIGNIFICANT VALUATION IMPACT ON CO

* ‍WHILE CO EXPECTS TO INCUR MODEST TRANSACTION COSTS, DOES NOT ANTICIPATE ANY SIGNIFICANT CONSEQUENTIAL VALUATION OR CASHFLOW IMPACT​

* ‍WHILE SUCH TRANSFERS ARE NOT YET COMPLETED, CURRENTLY ANTICIPATES IMPACT OF THE ITEMS IS LIKELY TO BE LESS THAN £1.5M​ Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below