TITLE

Polestar accounts reveal Sun buy details & reduced losses

AUTHOR(S)
Nias, Simon
PUB. DATE
July 2011
SOURCE
PrintWeek (Haymarket Business Publications Ltd);7/15/2011, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses Polestar UK Print's financial accounts for the year ended September 30, 2010, revealing details of its acquisition by Sun European Capital Partners on April 15, 2011. It notes the improvement in pre-tax and operating losses, 20 million pound cash injection from Sun and 200,000 pound equity. It talks about inter-company loans, Goldman's acquisition of five percent of Polestar UK Print, and Polestar's financial restructuring prior to Sun's acquisition of Polestar UK Print.
ACCESSION #
64088644

 

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