- Title:
Merger Update: IAA//SYNETIQ - Time:
12:00:01 - Date:
10 Feb 2022 - Category:
Acquisitions and alliances - ID:
3197B
⌘K
Revocation Order
The Competition and Markets Authority (CMA) has made a Revocation Order under section 72(4)(B) of the Enterprise Act 2002 in relation to the completed acquisition by IAA, Inc. of SYNETIQ Holdings Limited (the Transaction). The Revocation Order revokes the initial enforcement order that the CMA imposed on 5 November 2021 in relation to the Transaction and is without prejudice to the CMA's ongoing investigation into the Transaction.
The text of the Revocation Order will be placed on the CMA's website at IAA, Inc. / SYNETIQ Holdings Limited merger inquiry - GOV.UK (www.gov.uk) as soon as is reasonably practicable.
Merger Update: IAA//SYNETIQ12:00:0110 Feb 2022Acquisitions and alliances3197B