Business
Disposal
Disposal.
About this update from Icg Plc
[{"type":"text","content":"\n RNS Number : 7364D Intermediate Capital Group PLC 08 December 2009 \n \nTuesday 08 December 2009\n\n\nIntermediate Capital Group PLC announces a significant capital gain\n\n\nIntermediate Capital Group PLC (\"ICG\") announces the largest capital gain to be realised in a single transaction of approximately £68 million as a result of the sale of its equity and mezzanine investments in Marken Group Limited. Proceeds of this transaction to ICG PLC amount to approximately £170 million. The transaction remains subject to relevant anti-trust clearances. The terms of the transaction are not disclosed.\n\n\n\n\nEnquiries: \n\nIntermediate Capital Group PLC\n \nJean-Christophe Rey, Investor Relations +44 (0)20 7628 9898\nAmanda Fong, Corporate Communications \n\nM:Communications\n\nCharlotte Kirkham +44 (0)20 7920 2331\nTim Draper\n\n\n\nAbout Intermediate Capital Group PLC \nICG was founded in 1989 and listed on the London Stock Exchange in 1994. Today ICG employs 58 investment executives in nine offices worldwide, and is a leading independent investor in and fund manager of buyout debt. Since its inception, ICG and its managed funds have invested more than €12bn in mezzanine and equity in over 500 transactions. Currently ICG manages €3bn in direct investments and over €8bn in third party Mezzanine and Credit Funds. Further information can be found at: www.icgplc.com.\n\n\n\nThis information is provided by RNSThe company news service from the London Stock Exchange END DISUUGRWPUPBGBM \n ","length":3944,"tagName":"div"}]