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24 Dec 19

Oakley Capital (“Oakley”) previously announced in May 2019 the proposed acquisition of Rastreator and Acierto, two leading price comparison businesses in Spain.

The two deals were signed conditional upon achieving competition clearance. Due to challenges in completing the transaction within a reasonable time frame, predominantly relating to antitrust complexity Oakley and its JV partners have decided not to proceed and therefore neither transaction will now complete.

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