Reach PLC Completion of Acquisition (6980J)
December 06 2018 - 6:00AM
UK Regulatory
TIDMRCH
RNS Number : 6980J
Reach PLC
06 December 2018
06 December 2018
Reach plc (the "Company")
Reach plc completes acquisition of publishing assets in Ireland
from Northern & Shell
Following clearance by the competition authorities in the
Republic of Ireland and further to the completion of the
acquisition of Northern & Shell's UK publishing assets
announced on 1 March 2018, Reach plc is pleased to confirm that it
has completed the acquisition of the 50% equity interest in
Independent Star Limited for GBP4.5 million and the 100% equity
interest in International Distribution 2018 Limited for GBP0.5
million.
Enquiries
Reach
Simon Fox, Chief Executive
Vijay Vaghela, Group Finance Director and Company
Secretary 020 7293 3553
Brunswick
Nick Cosgrove, Partner 020 7404 5959
Will Medvei, Director
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END
ACQLLFELFALRIIT
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