John Laing Group plc (John Laing) has published a Scheme Document, that contains the complete terms and conditions of the company's acquisition by KKR and Equitix. 

On May 19, 2021, John Laing and Aqueduct Bidco (Bidco) announced that they had reached an agreement on the terms of Bidco's recommended cash acquisition of all issued and to be issued ordinary share capital of John Laing. Bidco is a newly formed company owned by KKR and its affiliates. 

According to the document, the Scheme is expected to become effective in the third or early fourth quarter of 2021, following the approval of John Laing Shareholders at the Court Meeting, the passing of the Special Resolution at the John Laing General Meeting and the subsequent sanction of the Court.