Deal Snapshot: Icg Raises Icg Commerce Stake to 76% for Usd35.3m

Summary


MANAVIGATOR-May 11, 2010-Deal snapshot: ICG RAISES ICG COMMERCE STAKE TO 76% FOR USD35.3M (C)2010 M2 COMMUNICATIONS http:// www.m2.com

US IT investor Internet Capital Group (NASDAQ:ICGE), or ICG, said it had taken a further 12% in procurement outsourcing firm ICG Commerce for USD35.3m (EUR28m) cash, raising its total interest to 76%.

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Deal Snapshot: Icg Raises Icg Commerce Stake to 76% for Usd35.3m

Country: ; USA

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