The Net Book Value of these properties as at December 31 2002 amounted to 34.64 mln eur. Each of the purchasers will also acquire certain working capital assets transferred at completion.
Fresh Recruitment
Gresham Hotel Group Plc said it has agreed to dispose of its Ryan Branded Hotels, namely the Killarney Ryan Hotel and Leisure Centre , the Limerick Ryan Hotel and Conference Centre and the Galway Ryan Hotel and Leisure Centre, for an aggregate cash consideration of 35.75 mln eur.
The Net Book Value of these properties as at December 31 2002 amounted to 34.64 mln eur. Each of the purchasers will also acquire certain working capital assets transferred at completion.
