Merger Update: CHC/Babcock

RNS Announcement

RNS Number : 8194M

Competition and Markets Authority

24 September 2021

Completed acquisition by CHC Group LLC of Babcock Mission Critical Services Offshore Limited, Babcock Offshore Services Australasia Pty Ltd, and Babcock Denmark A/S.

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 23 September 2021 and has a deadline of 18 November 2021 for its Phase 1 decision.

Invitation to comment: closes 7 October 2021

To assist it with this assessment, the CMA invites comments on the transaction from any interested party.

These comments should be provided by the deadline set out above to:

Principal Case Officer: Rob Fitzgerald-Crisp

Tel no: 020 3738 6276

E-mail: rob.fitzgerald-crisp@cma.gov.uk

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RNS metadata

Title: Merger Update: CHC/Babcock
Time: 07:00:04
Date: 24 Sept 2021
Category: Acquisitions and alliances
ID: 8194M