Pon Holdings Finalizes Derby Cycle Acquisition
Derby Cycle and Pon Holdings agreed upon the amendment of the Business Combination Agreement (BCA) of 21 September 2011. In this strategic document both companies agreed, among others, a provision that provides for Derby Cycle AG remaining an independent, stock exchange listed company for a period of 18 months, commencing with the announcement of the takeover offer by Pon Holdings.
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