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Completion of Acquisition

6 Dec 2018 12:00

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 £4.5 million and the 100% equity interest in International Distribution 2018 Limited for £0.5 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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ACQLLFELFALRIIT

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