Reach PLC Completion of Acquisition (6980J)

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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ACQLLFELFALRIIT

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December 06, 2018 07:00 ET (12:00 GMT)