Source - RNS
RNS Number : 2216M
Competition and Markets Authority
11 October 2016
 

Merger decision announced:

 

The CMA has decided, on the information currently available to it, that it is or may be the case that the following Merger may be expected to result in a substantial lessening of competition within a market or markets in the United Kingdom.

 

Anticipated acquisition by Dover Corporation of Wayne Fueling Systems Ltd

 

The CMA is therefore considering whether to accept an undertaking under section 73 of the Enterprise Act 2002 (the Act) in lieu of a reference. Pursuant to section 73A(1) of the Act, the Parties have until 17 October 2015 to offer an undertaking to the CMA that might be accepted by the CMA under section 73(2) of the Act. If no such undertaking is offered, then the CMA will refer this Merger pursuant to sections 33(1) and 34ZA(2) of the Act:

 

The text of this decision will be placed on the Competition and Market Authority's web site at www.gov.uk/CMA as soon as is reasonably practicable.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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