- Title:
Merger Update: GXO/Clipper - Time:
09:00:04 - Date:
12 Sept 2022 - Category:
Acquisitions and alliances - ID:
9395Y
Revocation Order
The Competition and Markets Authority (CMA) has made a Revocation Order under section 72(4) of the Enterprise Act 2002 in relation to the completed acquisition by GXO Logistics, Inc. of Clipper Logistics plc. This Order revokes the initial enforcement order that the CMA imposed on 17 May 2022 and is without prejudice to the CMA's ongoing investigation into the acquisition.
The text of the Revocation Order will be placed on the CMA's website at http://www.gov.uk/cma as soon as is reasonably practicable.
Merger Update: GXO/Clipper09:00:0412 Sept 2022Acquisitions and alliances9395Y