CNNMoney.com
Companies Economy International Corrections Pre-market Trading After-hours Trading Winners/Losers/Actives Bonds Currencies Commodities World Markets Money Magazine Real Estate Mutual Funds Taxes Ask the Expert Money 101 Autos Loan Center Best Places to Live Ask the Expert Millionaires in the Making Ultimate Guide to Retirement Retirement Calculators Best Funds Ask the Mole Best Places to Retire Personal Tech Big Tech Blog Techland Blog Sectors and Stocks Fortune 500 Techs Tech Talk 100 Best Places to Launch Ultimate Resource Guide Small Biz Makeovers FSB 100 Ask & Answer Fortune 500 Technology Investing Management Rankings Main Create Portfolio Edit Portfolio Create Alerts Edit Alerts
Paras Ltd &
RPS Group PLC
Update Date: 12/22/08
Date Announced: 10/10/08
Value (million $USD): 10.6 million U.S. Dollar
6.2 million British Pound
Status: Completed
TRANSACTION DETAILS
Date Announced10/10/08
Date Originally Announced10/10/08
FormatMergerAcquisition techniquesNot Applicable
AttitudeFriendlyAgencyn/a
Value10.6 million U.S. Dollar
6.2 million British Pound
Advisor Feesn/a
SYNOPSIS
UK - RPS Group PLC (RG) acquired the entire share capital of Paras Ltd, a Ryde-based provider of consulting services, for 6.23 mil British pounds ($10.623 mil US). The consideration consisted of 3.5 mil pounds ($5.968 mil) in cash, up to 1.7 mil pounds ($2.899 mil) in profit-related payments and the issuance of 0.513 mil new ordinary shares valued at 1.03 mil pounds ($1.756 mil). The shares were valued based on RG's closing stock price of 2.008 pounds ($3.433) on October 9, the full trading day prior to the announcement.
TARGET
NameParas Ltd
IndustriesManagement consulting services
CityRyde, Isle Of Wight
Staten/a
NationUnited Kingdom
Incorporated inn/a
Public StatusPrivate
Business DescriptionParas Ltd, based in Ryde, UK, provides information management and strategy consulting services to the energy sector. The company concentrates on strategy, business process and information systems implementation consulting to the oil and gas industry. It works with major international energy companies to help define and implement succesful exploration investment strategies worldwide. It also assists companies in managing their information more effectively. The company was established in 1993.
AdvisorsNULL
Target Salesn/a
ACQUIROR
NameRPS Group PLC (London : RPS)
IndustriesBusiness consulting services, nec; Services, nec
CityAbingdon, Oxfordshire
Staten/a
NationUnited Kingdom
Incorporated inn/a
Public StatusPublic
Business DescriptionRPS Group PLC, located in Abingdon, UK, provides engineering and environmental consultancy services such as environmental planning, environmental engineering, safety, health and safety, occupational hygiene and design focusing on agricultural development and land-use and other related professional disciplines such as oilfield geosciences, town planning, environmental assessment, transport planning, civil engineering, building and urban design, health and safety, environmental monitoring and water management. It has operations in United Kingdom, the United States of America, the Netherlands, Australia and Canada. The company was founded in 1970.
AdvisorsNULL
Acquiror Sales720.3 million U.S. Dollar
362.7 million British Pound
© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.