February 1, 2018 / 7:40 AM / in 4 months

BRIEF-Connect Group Says Aurelius Failed To Complete Transaction Before Agreed Deadline

Feb 1 (Reuters) - Connect Group Plc:

* UPDATE ON THE DISPOSAL OF THE BOOKS DIVISION

* ‍UPDATE ON DISPOSAL OF BOOKS DIVISION TO AURELIUS EQUITY OPPORTUNITIES​

* AURELIUS FAILED TO COMPLETE TRANSACTION BEFORE AGREED DEADLINE OF MIDNIGHT ON JAN 31, AS IT WAS OBLIGATED TO DO UNDER TERMS OF SPA​

* ‍CONSIDERING WITH ITS ADVISERS WHAT ACTION IT WILL NOW TAKE IN LIGHT OF THIS DEVELOPMENT​ Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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