- Title:
Merger Update - Elis UK / Central Laundry Limited - Time:
14:00:06 - Date:
27 Aug 2020 - Category:
Acquisitions and alliances - ID:
2439X
⌘K
Start of CMA Merger Investigation: completed acquisition by Elis UK Limited of Central Laundry Limited
The Competition and Markets Authority (CMA) is considering whether it is or may be the case that this transaction has resulted in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation has resulted or may be expected to result, in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.
The CMA announced the launch of its merger inquiry by notice to the Parties on 27 August 2020 and has a deadline of 23 October 2020 for its phase 1 decision.
Merger Update - Elis UK / Central Laundry Limited14:00:0627 Aug 2020Acquisitions and alliances2439X