- Title:
Merger Update: CE Co-op/Midcounties Co-op - Time:
07:00:10 - Date:
16 Aug 2021 - Category:
Acquisitions and alliances - ID:
6523I
Start of CMA Merger Investigation: the anticipated acquisition by Central England Co-operative Limited of part of the funerals business of The Midcounties Co-operative Limited
The 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 13 August 2021 and has a deadline of 11 October 2021 for its phase 1 decision.
Merger Update: CE Co-op/Midcounties Co-op07:00:1016 Aug 2021Acquisitions and alliances6523I