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| Sunday, May 17, 01:54:56am | [ Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 1, 2, 3, 4, 5, 6, 7, 8, [9], 10 ] |
| Subject: An amount of Euro 22.5 million (A$40.9 million),representing payments due to ERG on a milestone earn-out basis under the proposed PW sale, has not been accounted for in determining the provision and will be brought to account as it is earned. | |
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Author: As part ofthe proposed sale, ERG will retain access to the Proton technology by taking a 20 year global licence of the Proton technology. |
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Date Posted: Thursday, March 06, 06:04:49am In reply to: has been recorded in the consolidated financial statements of ERG. 's message, "PWI goodwill on acquisition of $150,377,624 2002 year" on Thursday, March 06, 05:52:56am [ Next Thread | Previous Thread | Next Message | Previous Message ] |
| Subject | Author | Date |
| 6/3/03 Proton World's key asset is its technology which the proposed sale will guarantee ERG access to (including upgrades) for 20 years. (NT) | Belgian-based Proton World was acquired by ERG in March 2002 for A$112 million plus a deferred contingent consideration of $38 million at 30 June 2002. | Thursday, March 06, 07:30:58am |