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RNS Number : 3568R
Haynes Publishing Group PLC
21 September 2017
 

 

 

Haynes Publishing Group P.L.C ("Haynes").

 Offer Update

 

On 15 September 2017, Haynes announced that contracts had been exchanged with Solera Holdings, Inc (Solera) for the purchase of the trade and assets of their E3 Technical business, subject to the satisfaction of certain conditions, including the approval by the Competition and Markets Authority (CMA) of the acquisition as an Undertaking in Lieu of a reference in respect of the acquisition of Autodata Publishing Group Limited by Solera.

The CMA has today announced its approval of the acquisition of the E3 Technical business by Haynes as an Undertaking in Lieu of a reference. Full details of their decision can be found on the CMA website https://www.gov.uk/government/announcements.

Completion of the transaction is subject to the satisfaction of one other commercial condition precedent to closing, in relation to the granting to HaynesPro UK Limited of a DVLA licence. Further details will be provided once this condition has been satisfied.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.

 

 

Enquiries:

 

Haynes Publishing Group P.L.C.                                        +44 1963 442009

E Bell, Group Chairman

J Haynes, Chief Executive Officer                             

 

Investor Contact: Panmure Gordon (UK) Limited            +44 20 7886 2500

Karri Vuori

Erik Anderson

Will Wickham                                                 

 

Media Contact: New Century Media                                  +44 20 7930 8033

Richard Hill     

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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