Merger Update : Thermo Fisher/PPD

Start of CMA Merger Investigation: anticipated acquisition by Thermo Fisher Scientific Inc. of PPD, Inc.

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 15 October 2021 and has a deadline of 10 December 2021 for its phase 1 decision.

For Publicity:

The full title of the Merger Case:

Anticipated acquisition by Thermo Fisher Scientific Inc. of PPD, Inc.