The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’View Video
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin AmericaView Video

Latest Share Chat

Merger Update: Hitachi / Thales

14 Oct 2022 16:30

RNS Number : 8326C
Competition and Markets Authority
14 October 2022
 

Start of CMA Merger Investigation: Anticipated acquisition by Hitachi Rail, Ltd of Thales SA's Ground Transportation Systems Business

Invitation to comment: Closes on 28 October 2022

On 14 October 2022, the CMA launched its phase 1 merger investigation by notice to the parties into the anticipated acquisition by Hitachi Rail, Ltd of Thales SA's Ground Transportation Systems Business and has a deadline of 9 December 2022 for its Phase 1 decision

The 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 may be expected to result, in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.  

To assist it with this assessment the CMA invites comments on the transaction from any interested party.

These comments should be provided by the deadline set out above to:

Principal case officer: Liana Sandulescu

Tel no: 0203 738 6603 / E-mail: Liana.Sandulescu@cma.gov.uk

Case officer: Daniel Norcott

Tel no: 0203 738 6353 / E-mail: Daniel.Norcott@cma.gov.uk

Your name and contact details are your personal data. In collecting, receiving, storing, accessing and using your personal data, the CMA, as controller, is processing your personal data. The CMA processes personal data in accordance with data protection law. The CMA is processing your personal data so that it can contact you again, should it need further help or information from you, in order to carry out its merger work under Part 3 of the Enterprise Act 2002. For more information about how the CMA processes personal data and your rights relating to that data, please see our Privacy Notice .

For further information on the CMA's role after Brexit please see our Information for businesses on the CMA's role after Brexit collection.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MERUOAURURURAAA
Back to RNS

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.