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OFT clears United Online takeover of Flying Brands' gifts division

By BFN News | 02:32 PM | Wednesday 16 May, 2012


The Office of Fair Trading has cleared United Online's acquisition of Flying Brands' gifts division. The OFT has decided not to refer the deal to the Competition Commission under the provisions of the Enterprise Act 2002. The text of this decision will be placed on the OFT's website at www.oft.gov.uk as soon as is reasonably practicable. At 2:32pm: (LON:FBDU) Flying Brands share price was 0p at 7.5p Story provided by StockMarketWire.com