The transaction will be effected through a buy-back by CVI of VNU’s shares for cash consideration of EUR 7.2 million (£4.5 million). The cash consideration is being funded from CVI’s own cash resources and new CVI bank debt facilities.
In the year ended 31 August 2001, CVI made profits before tax and exceptionals of £0.8 million on turnover of £18.4 million and had net assets of £9.5 million as at that date.
