Gooch & Housego PLC (LSE:GHH) has confirmed that the applicable waiting period under the U.S. Hart-Scott-Rodino Act has expired in connection with its proposed acquisition by Greenlight Bidco Limited.

Greenlight Bidco is a newly formed company indirectly owned by Arlington Capital Partners VII, L.P. The recommended cash acquisition is being implemented through a court-sanctioned scheme of arrangement under U.K. company law.

Transaction Remains Subject to Further Approvals

The expiry of the Hart-Scott-Rodino waiting period satisfies the applicable U.S. antitrust condition for the transaction.

Completion remains subject to other conditions, including regulatory clearance under the U.K. National Security and Investment Act 2021.

Subject to the remaining conditions being satisfied or waived, the scheme is expected to become effective during the fourth quarter of 2026. Upon completion, Gooch & Housego would become privately owned under the control of Arlington Capital Partners.

More About Gooch & Housego

Gooch & Housego PLC operates in the photonics and optical components industry, supplying precision optical systems and related technologies.

Its products are used in applications across aerospace, defense, industrial manufacturing and scientific research.