Completion of Acquisition

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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