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Merger Update: Montagu / ParentPay

RNS Announcement

RNS Number : 6176J

Competition and Markets Authority

24 August 2021

The CMA has published the text of its decision on the anticipated acquisition by Montagu Private Equity LLP where it agreed to (i) acquire certain ParentPay (Holdings) Limited (PPH) securities, and (ii) sell its shares in Capita ESS Limited (ESS) to PPH, in consideration for further securities in PPH, which was announced on 12 July 2021. This decision can be found on the Competition and Markets Authority's website at Montagu / ParentPay merger inquiry - GOV.UK (www.gov.uk)

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RNS metadata

Title: Merger Update: Montagu / ParentPay
Time: 12:00:01
Date: 24 Aug 2021
Category: Acquisitions and alliances
ID: 6176J