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Bids, Mergers and Takeovers

Shanks merger with VGG Group approved in Belgium

25 January 2017 14:32

International waste-to-product business Shanks Group has received approval in Belgium for the proposed merger with Van Gansewinkel Groep.

Completion of the merger remains conditional on, among other things, the receipt of approval from the relevant competition authorities in the Netherlands.

Shanks said continued positive progress was being made in relation to this approval, which the board believes will complete in line with previous expectations.

At 2:32pm: (LON:SKS) Shanks Group PLC share price was +0.5p at 94.75p

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