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Tuesday 15 May, 2018

Competition and Mkts

Merger Update

RNS Number : 1539O
Competition and Markets Authority
15 May 2018
 

The 'Merger update' announcement released on 15 May 2018 at 11am under RNS No: 1177O was released in error and should be disregarded

 

Merger Update:

 

The CMA has published the text of its decision on the anticipated acquisition by Tarmac Trading Limited of certain assets of Breedon Group PLC. The CMA has decided that the duty to refer the merger to Phase II arises on 26 April 2018. The CMA is considering whether, instead of making a reference to Phase II, to accept appropriate undertakings from Tarmac Trading Limited to address the competition concerns arising from the merger.

 

This decision can be found on the Competition and Market Authority's website at https://www.gov.uk/cma-cases .

 

In the event of media enquires please call the CMA Press Office on: 020 3738 6990.

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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