Memorandum of Understanding
10 Diciembre 2003 - 8:00AM
UK Regulatory
RNS Number:0956T
Yorkshire Group PLC
10 December 2003
10th December 2003
Announcement
Yorkshire Group plc ("Yorkshire") announces that it has signed a memorandum of
understanding with DyStar LP ("DyStar"). The memorandum envisages the
acquisition by DyStar of certain assets of the textile dyes business of
Yorkshire Americas Inc ("YAI"). The terms of the memorandum are confidential
but a further more detailed announcement is expected to be made in the coming
weeks. The transaction envisaged by the memorandum would be subject to the
approval of Yorkshire shareholders.
- Ends -
Contact:
Nick Denton, Hogarth Partnership Limited Tel: 020 7645 3954
Andrew J Dick, Chief Executive, Yorkshire Group plc Tel: 0113 2443111
This information is provided by RNS
The company news service from the London Stock Exchange
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