The long stop date for public relations company Dentsu's acquisition of digital communications group Aegis has been extended from February 28th to March 28th.
An update issued by Aegis on Monday stated that all antitrust clearances has been identified with the exception of clearance from the Ministry of Commerce of the People's Republic of China.
It stated: "In light of the Chinese New Year holiday and with a view to allowing MOFCOM [Ministry of Commerce of the People's Republic of China] to complete its review period in the ordinary course, Dentsu and Aegis have agreed, with the consent of the panel, to extend the long stop date for the acquisition."
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
MF
-
What happens if you can’t pay your tax bill, and what is "Time to Pay"?Millions are due to file their tax return this Friday as the self-assessment deadline closes. Though the nightmare is not over until you pay the taxman what you owe - or face a penalty. But what happens if you can't afford to pay HMRC your tax bill, and what is "Time to Pay"?
-
What does Rachel Reeves’s plan for growth mean for UK investors?Rachel Reeves says she is going “further and faster” to kickstart the UK economy, but investors are unlikely to be persuaded
