Opus’ acquisition of Ovato book printing business not opposed* The ACCC will not oppose Opus Group Pty Ltd’s (Opus) proposed acquisition of Ovato Limited’s (Ovato) (ASX: OVT) book printing business. As part of the proposed transaction, separately, Ovato would issue a convertible note to Opus, which Opus can convert into approximately 15% of Ovato’s issued share capital. Opus’ book printing division, McPherson’s, and Ovato’s book printing business unit, Ovato Book Printing, overlap in the printing of mono (black and white) books sold in Australia. “Market feedback
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