- Title:
Merger Update: Ali/Welbilt - Time:
11:00:01 - Date:
24 May 2022 - Category:
Acquisitions and alliances - ID:
6014M
Start of CMA Merger Investigation: anticipated acquisition by Ali Holding S.r.l. of Welbilt, 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 24 May 2022 and has a deadline of 21 July 2022 for its phase 1 decision.
Merger Update: Ali/Welbilt11:00:0124 May 2022Acquisitions and alliances6014M