TVH lowers Lavendon buy-out conditions

Euan Youdale

12 December 2016

TVH Group has announced that the German competition authority Bundeskartellamt has unconditionally cleared its potential acquisition of Lavendon Group.

In addition, TVH has lowered its acceptance offer under which the acquisition could take place. It said it would now accept 50%, plus one share, down from its original condition of…

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