Thornton Pan-European IT intends to raise about pounds 3m by means of a placing of zero dividend preference shares at 50p each. Thornton also plans to extend the life of the company by eight years to 31 October 2001.Reuse content
Booker, the food distribution and agri-business, has sold the Plenty companies, which specialise in the design and manufacturing of fluid- handling products and process equipment, to EIS, an engineering company, for pounds 11.2m. The sale includes the UK-based Plenty and Oil Plus, and Plenty Products of Houston in the US. Inter-group loans of pounds 1.1m have been repaid and Booker has also received a pre-sale dividend amounting to pounds 2.4m.