- Title:
Merger Update: Severn Trent/Andigestion - Time:
07:00:02 - Date:
23 Jun 2023 - Category:
Acquisitions and alliances - ID:
6323D
START OF CMA MERGER INVESTIGATION: ANTICIPATED ACQUISITION BY SEVERN TRENT PLC (THROUGH ITS SUBSIDIARY SEVERN TRENT GREEN POWER LIMITED) OF ANDIGESTION 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 23 June 2023 and has a deadline of 18 August 2023 for its Phase 1 decision.
Merger Update: Severn Trent/Andigestion07:00:0223 Jun 2023Acquisitions and alliances6323D