ASSA ABLOY has received phase one conditional clearance by the EU Commission for ASSA ABLOY, as a 39% shareholder in the Swiss company Agta Record, to indirectly acquire the 54% shareholding in Agta Record from the shareholders of Agta finance (the “Acquisition”).
Closing of the Acquisition is expected in the second half of 2020 after all remaining closing conditions and the EU Commission requirements have been fulfilled.
