Merger Update: Mitie / Interserve

RNS Announcement

RNS Number : 4948A

Competition and Markets Authority

30 September 2020

Start of the CMA's Merger Investigation: anticipated acquisition by Mitie Group Plc of Interservefm (Holdings) Ltd.

The Competition and Markets Authority (CMA) is considering whether it is or may be the case that this transaction, if carried into effect, will result 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 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 29 September 2020 and has a deadline of 24 November 2020 for its phase 1 decision.

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MERSEEFMUESSEEU

RNS metadata

Title: Merger Update: Mitie / Interserve
Time: 07:00:03
Date: 30 Sept 2020
Category: Acquisitions and alliances
ID: 4948A