- Title:
Merger Update: Circle/BMI - Time:
11:00:01 - Date:
8 Apr 2020 - Category:
Acquisitions and alliances - ID:
1839J
Merger decision announced:
The CMA has decided, on the information currently available to it, that it is or may be the case that the following Merger has resulted or may be expected to result in a substantial lessening of competition within a market or markets in the United Kingdom.
Completed acquisition by Circle Health Holdings Limited of BMI Healthcare Limited
The CMA is therefore considering whether to accept undertakings under section 73 of the Enterprise Act 2002 (the Act) in lieu of a reference. Pursuant to section 73A(1) of the Act, the Parties have until 17 April 2020 to offer undertakings to the CMA that might be accepted by the CMA under section 73(2) of the Act. If no such undertakings are offered, then the CMA will refer this Merger pursuant to sections 22(1) and 34ZA(2) of the Act:
The text of this decision will be placed on the Competition and Market Authority's web site at www.gov.uk/CMA as soon as is reasonably practicable.
In the event of media enquiries please email Press@cma.gov.uk or Matthew.Jordan@cma.gov.uk or call Matthew Jordan on 020 3738 6283.
Merger Update: Circle/BMI11:00:018 Apr 2020Acquisitions and alliances1839J