P528ORACLE 528 Mon 3 Mar C4 1702:46
LIG SNAPS UP
PHOTOGRAPHIC FIRM
London International Group has bought
Hamilton Tait,the Scottish photographic
group, for shares and cash.
The deal is for a maximum in cash of
£600,000, plus 157,000 new LIG
ordinary shares.
Of the cash consideration, £400,000 was
paid on completion, with the balance of
up to £200,000 payable on completion of
an audit of Hamilton's accounts.
Hamilton supplies photographic
processing equipment and also has a
chain of retail outlets.
City headlines 500 Newsfile 520