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Findel sells healthcare division to reduce debt

publication date: Apr 1, 2013
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Findel plc is selling its healthcare division - NRS Healthcare - to LDC for a total consideration of £24m, comprising a payment of £22.6m (£21.6m net of transaction costs) to Findel and a payment of £1.4m into an escrow account to satisfy the estimated value of NRS's debt to the Findel Group Pension Fund.

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