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UK's CMA says not to refer Motorola-Airwave deal to phase 2 investigation

7:18am EDT

Competition And Markets Authority(CMA):Has decided not to refer following Motorola Solutions acquisition of Airwave Solutions Limited to a phase 2 investigation.

NewCap Holding acquires Cerberus AB

3:15am EDT

NewCap Holding A/S : Entered into conditional agreement on acquisition of Cerberus AB . Purchase price is agreed to 40 million Swedish crowns ($4.72 million) . Possible additional amount payable at the end of 2020 of up to 172 million crowns depending on fulfillment of different performance requirements . Acquisition, once carried out, to affect 2016 EBTDA negatively with about 10 million crowns excluding transaction costs . Transaction is conditional upon approval from Finansinspektionen in Sweden and other public authorities .Completion expected by Nov. 10.

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