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Granada completes Spring Grove Services sale to Davis for £136.5m

Granada Group has completed the sale of Spring Grove Services to the Davis Service group for £136.5m cash. The payment includes a repayment of intercompany debt of £8.4m.

Including this sale, Granada has generated more than £350m from disposals since the acquisition of Forte.

  • The Independent 25/10/96 page 25

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