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ARRIS update on Pace deal

02 December 2015 08:05

ARRIS has confirmed that the DOJ has closed its investigation on the company's proposed acquisition of set-top rival Pace under the Hart-Scott-Rodino Antitrust Improvements Act without condition.

ARRIS and Pace have previously received the required clearances from regulators in Colombia, Germany, Portugal and South Africa. The transaction remains subject to the satisfaction of similar merger control requirements in Brazil and the satisfaction of other customary closing conditions.

At 8:05am:

(LON:PIC) Pace PLC share price was +14.3p at 418.7p

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