InfoPro Digital Group B.V. entered into an agreement to acquire Haynes Publishing Group P.L.C. (LSE:HYNS) from a group of shareholders for approximately £110 million on February 13, 2020. As a part of the transaction, InfoPro Digital will acquire 9 million A ordinary shares and 6.12 million ordinary shares at a price of 700 pence each. The cash consideration payable by Infopro Digital (Holdco) Limited will be funded from existing cash resources of InfoPro Digital Group B.V. It is anticipated that Infopro Digital will continue to use the Haynes brand name post acquisition. Infopro Digital intends to maintain Haynes' corporate headquarters and headquarters' functions in Sparkford. The non-executive directors of Haynes, together with Eddie Bell (Executive Chairman) and J Haynes (Chief Executive Officer), intend to resign as directors of Haynes with effect from completion of the Acquisition. The transaction is subject to approval from shareholders of Haynes Publishing Group P.L.C., court approval, transaction shall lapse if it does not become unconditional and effective by the long stop date i.e. June 30, 2020 and third party approval. The transaction is unanimously approved by the board of directors of Haynes Publishing Group P.L.C. The court meeting and the general meeting of shareholders of Haynes Publishing Group P.L.C. are expected to be held on March 25, 2020. The transaction is expected to be completed in April 2020. As per announcement of March 2, 2020, the transaction is expected to close on April 3, 2020. As of March 25, 2020, the shareholders of Haynes Publishing approved the transaction. As of April 1, 2020, the court has approved the scheme of arrangement of the transaction and the scheme has become fully unconditional, subject only to the delivery of a copy of the Court Order to the Registrar of Companies. It is expected that the listing of the Haynes Ordinary Shares on the Official List of the FCA and the trading of the Haynes Ordinary Shares on the Main Market of the London Stock Exchange will each be suspended, effective from April 3, 2020 and, subject to the Scheme becoming effective on April 3, 2020, will each be cancelled, effective on April 6, 2020. Paul Zisman of Europa Partners Limited acted as financial advisor for Haynes Publishing Group P.L.C. Dominic Emery and Stuart Sparkes of Raymond James Financial International, Ltd. acted as financial advisors for InfoPro Digital Group B.V. James Stearns of Panmure Gordon acted as corporate broker for Haynes Publishing Group P.L.C. Fieldfisher LLP acted as legal advisor for Haynes Publishing Group P.L.C. Norton Rose Fulbright LLP acted as legal advisor for InfoPro Digital Group B.V. Jonathan King of Osborne Clarke acted as the legal advisor to Raymond James for advising InfoPro on the transaction. InfoPro Digital Group B.V. completed the acquisition of Haynes Publishing Group P.L.C. (LSE:HYNS) from a group of shareholders on April 3, 2020. Shareholders of Haynes Publishing Group P.L.C. will be entitled to receive 700 pence for each shares held which will be settled by April 17, 2020. As on April 6, 2020, the listing of the Haynes ordinary shares on the official list of the FCA and the trading of the Haynes ordinary shares on London Stock Exchange have been cancelled.