MFG’s takeover of MRH is expected to be completed later this month after it passed a significant regulatory hurdle. On June 5 the deal was referred to the UK Competition and Markets Authority by the European Commission, and this means that, in accordance with the contracts exchanged between investors, Clayton, Dubilier & Rice (CD&R) and Lone Star, the transaction will now complete within 15 days.  Directors have informed employees that they expect the deal will be completed on or around June 21.

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