- Title:
Merger Update: NG/WPD - Time:
07:00:02 - Date:
13 Jul 2021 - Category:
Acquisitions and alliances - ID:
7927E
Start of CMA Merger Investigation and Invitation to Comment: completed acquisition by National Grid Holdings One plc of PPL WPD Investments 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 13 July 2021 and has a deadline of 8 September 2021 for its phase 1 decision.
To assist it with this assessment, the CMA invites comments on the transaction from any interested party.
These comments should be provided by 26 July to:
Kalani Herath, Kalani.Herath@cma.gov.uk
and
Christina Kanakari, christina.kanakari@cma.gov.uk
For Publicity:
The full title of the Merger Case:
Completed acquisition by National Grid Holdings One plc of PPL WPD Investments Limited.
Merger Update: NG/WPD07:00:0213 Jul 2021Acquisitions and alliances7927E