ASSA ABLOY, a 39% shareholder of the Swiss company agta record ag (“agta record”), has received clearance by the EU Commission to indirectly acquire the 54% shareholding in agta record from the shareholders of Agta Finance (the “Acquisition”). The purchase price for the Acquisition amounts to approximately EUR 506 million, equivalent to an adjusted[1] purchase price per agta record share of EUR 70.54. The Acquisition is expected to close during August 2020. After the Acquisition ASSA ABLOY will own approximately 93% of the share capital and voting rights of agta record. As previously
