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Update: Inchcape will acquire EMH on Feb 6

Inchcape has received 93.67% of acceptances from EMH shareholders for its cash offer of £262.9 million cash offer for the entire share capital of the company.

This means the company can automatically acquire the remaining 6.33% of EMH shares under the Companies Act 2006. However, Inchcape has extended its deadline for acceptances for a third time until February 6. After this date, Inchcape will own the entire share capital of EMH.

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