News
HHBV-RSDB deal in six weeks
HHBV, the Dutch private equity company in the process of building up a pan-European printing giant, has said it expects to complete the acquisition of RSDB within six weeks.
In a statement, the company said it would need a maximum of six weeks to finalise documentation and funding of the intended offer and will then be in a position to request the approval of the Dutch competition regulator.
HHBV will join RSDB with Quebecor World’s European division, which it is also in the process of acquiring.
The group is also circling the French group Maury Imprimeur, which operates seven plants across France and employs around 1,800 people. Should the three bids be successful the combined group will initially employ almost 8,000 staff.
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Comments
Simon Biltcliffe- Webmart - 18 July 2008
i wonder what economies of scale they hope to get. personally I can't see any (rationalisation of cost and range of press portfolio, yes however).
Lot of money being spent in professional fees for little strategic value at the moment...
Simon Biltcliffe
MD
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