25 Jul 2017 14:27
Haynes Publishing Group P.L.C ("Haynes").
Competition and Markets Authority Extension of Consideration
Today, the Competition and Markets Authority ("CMA") has announced the decision to extend the period of consideration regarding the undertakings offered by Solera Holdings Inc ("Solera") in relation to their completed acquisition of Autodata Publishing Group Limited. The extension granted is for eight weeks (40 working days) under section 39(3) of the Enterprise Act 2002 to allow Solera and Haynes (as the proposed buyer of the E3 Technical business from Carweb, a Solera UK subsidiary) time to continue discussing the contractual arrangements required to give effect to the undertaking.
Further announcements will be made as appropriate.
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