Synlab Bondco PLC: SYNLAB agrees to acquire ALcontrol

Dow Jones received a payment from EQS/DGAP to publish this press release.

Synlab Bondco PLC (IRSH) 
Synlab Bondco PLC: SYNLAB agrees to acquire ALcontrol 
 
19-May-2017 / 23:19 GMT/BST 
Dissemination of a Regulatory Announcement that contains inside information 
according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
*NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR 
INTO THE UNITED STATES OR ANY JURISDICTION IN WHICH THE PUBLICATION, 
DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE.* 
 
SYNLAB Limited (together with its subsidiaries 'the Group') announces that the 
Group has agreed today to acquire 100 % of the shares of ALcontrol Group 
Limited, a major European provider of environmental testing services, with 
approximately 900 employees and sales revenues close to EUR 95 million. The 
transaction, which will be funded from the Group's available balance sheet 
resources, is subject to customary approval from the relevant regulatory 
authorities. Closing of the transaction is expected to take place as soon as 
practicable after such approval have been obtained but no later than nine 
months from the date of agreement. 
 
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- Ends - 
 
*Forward-Looking Information is Subject to Risk and Uncertainty* 
This press release may include certain 'forward-looking' statements. 
Forward-looking statements include all statements that are not historical 
facts and can be identified by the use of forward-looking terminology such as 
the words 'believes,' 'expects,' 'may,' 'will,' 'would,' 'should,' 'seeks,' 
'pro forma,' 'anticipates,' 'intends,' 'plans,' 'estimates,' or the negative 
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as to future events that may not prove to be accurate. Actual actions or 
results may differ materially from what is expressed or forecasted in these 
forward-looking statements. As a result, these statements speak only as of the 
date they were made and Synlab undertakes no obligation to publicly update or 
revise any forward-looking statements, whether as a result of new information, 
future events or otherwise. 
 
*For more information:* 
 
+---------------+--------------------------------+ 
|*Synlab*       |+ 49 (0)69 92037-183            | 
|               |                                | 
|Daniel Herbert,|[e-mail]| 
|               |                                | 
|FTI Consulting |                                | 
+---------------+--------------------------------+ 
Language:      English 
ISIN:          XS1117292984, XS1117292802, XS1117293016, XS1117293289 
Category Code: ACQ 
TIDM:          IRSH 
LEI Code:      5493007KBBOGQWJ10272 
Sequence No.:  4216 
 
End of Announcement EQS News Service 
 
575861 19-May-2017 
 
 

(END) Dow Jones Newswires

May 19, 2017 18:21 ET (22:21 GMT)