Ad
Ad
Ad
© tom_schmucker dreamstime.com Electronics Production | July 25, 2016

Farnell - Deal: US Antitrust Clearance

The deal between Farnell and Datwyler is one step closer following US Antitrust Clearance.
The boards of Datwyler and Premier Farnell announce that the United States Federal Trade Commission has granted early termination of the waiting period required under the Hart-Scott-Rodino Antitrust Improvements Act 1976, as amended, for the acquisition by Bidco of the entire issued and to be issued share capital of Premier Farnell and, accordingly, the Condition at paragraph 1.3(A) of Part Three of the scheme document posted to Premier Farnell Shareholders on 5 July 2016 has been satisfied.

Completion of the Acquisition remains subject to the satisfaction or (if capable of waiver) waiver of the remaining Conditions to the Acquisition set out in Part Three of the Scheme Document, including the sanction of the Scheme by the Court.

Comments

Please note the following: Critical comments are allowed and even encouraged. Discussions are welcome. Verbal abuse, insults and racist / homophobic remarks are not. Such comments will be removed.
Further details can be found here.
Ad
Ad
Load more news