- Title:
Merger Update: VetPartners / Goddard - Time:
12:00:03 - Date:
13 May 2022 - Category:
Acquisitions and alliances - ID:
3062L
Completed acquisition by Scooby Bidco Limited, trading through its subsidiary VetPartners Limited of Goddard Holdco Limited
CMA to look at VetPartners undertakings offer in detail
On 28 April 2022, the CMA announced that it is or may be the case that the above Merger has resulted or may be expected to result in a substantial lessening of competition within a market or markets in the United Kingdom.
On 6 May 2022, VetPartners Limited offered undertakings to the CMA. The CMA has considered the undertakings offered and today announced that it considers that there are reasonable grounds for believing that the undertaking offered, or a modified version of it, might be accepted by the CMA to remedy the substantial lessening of competition identified by the CMA.
The CMA now has until 12 July 2022 to decide whether to accept the undertakings, with the possibility to extend this timeframe to 7 September 2022 if it considers there are special reasons for doing so.
The text of this decision will be placed on the Competition and Markets Authority's website at https://www.gov.uk/cma-cases as soon as is reasonably practical.
In the event of media enquiries please email Press@cma.gov.uk .
Merger Update: VetPartners / Goddard12:00:0313 May 2022Acquisitions and alliances3062L