FirstGroup PLC
30 March 2007
FirstGroup plc
30 March 2007
FirstGroup plc ('FirstGroup' or the 'Company')
Proposed Acquisition of Laidlaw International, Inc.
Regulatory Conditions - update
On 9 February 2007 FirstGroup announced the proposed acquisition of Laidlaw
International, Inc. The Acquisition is conditional upon, amongst other things,
the approval of the shareholders of both FirstGroup and Laidlaw and receipt of
necessary anti-trust approvals in the US and Canada.
FirstGroup now announces that it has today voluntarily re-filed its notification
report under the US Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the '
HSR Act'). FirstGroup withdrew the HSR Act filing it made on 27 February 2007
and re-filed it with the US Department of Justice ('DOJ') in order to provide
additional time for the DOJ to complete its assessment of the Acquisition. This
is not an unusual step in transactions such as the Acquisition. Accordingly,
the waiting period under the HSR Act will now expire on 30 April 2007, unless
this period is terminated earlier or extended.
The Board has no further update on the likely completion date.
Terms used in this Announcement shall have the same meanings as set out in the
Circular dated 26 March 2007.
FirstGroup
Moir Lockhead, Chief Executive Tel: +44 (0) 207 291 0505
Dean Finch, Finance Director Tel: +44 (0) 207 291 0512
Rachael Borthwick, Corporate Communications Director Tel: +44 (0) 207 291 0508
This information is provided by RNS
The company news service from the London Stock Exchange CQZBLFXDXBBBBX
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