- Title:
Merger Update: LSEG/Quantile - Time:
14:00:07 - Date:
3 Mar 2022 - Category:
Acquisitions and alliances - ID:
5584D
Start of CMA Merger Investigation: ANTICIPATED ACQUISITION BY LONDON STOCK EXCHANGE GROUP PLC OF QUANTILE GROUP LIMITED
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 3 March 2022 and has a deadline of 3 May 2022 for its phase 1 decision.
Merger Update: LSEG/Quantile14:00:073 Mar 2022Acquisitions and alliances5584D