The Office of FaIr Trading has confirmed that Kier Group's takeover bid for May Gurney will not be referred to the Competition Commission for consideration - clearing the way for the deal to proceed.
In a statement, the OFT said:
The OFT has decided, on the information currently available to it, not to refer the the following merger to the Competition Commission under the provisions of the Enterprise Act 2002: Anticipated acquisition by Kier Group plc of May Gurney Integrated Services plc."
The OFT had examined the bid in the context of the potential impact a proposed merger might have on waste management and other services for utilities and infrastructure sectors.
The regulator confirmed on 31 May that it had received assurances from Costain Group plc that its own anticipated merger with May Gurney Services plc had been abandoned as the offer has lapsed and therefore closed its investigation into the transaction.
A further statement from the OFT is expected shortly.
Barhale has completed work on two separate Rapid Action Taskforce Spills projects it is carrying out for Severn Trent.
Börger UK, which has firmly established itself as a leading pump brand since it was set up in Staffordshire in 2004, has moved into bigger, brand-new premises in Shrewsbury.
HUBER Technology UK & Ireland are inviting people to register for their March webinar where they will be providing information about HUBER water intake screens for municipal and industrial applications.
Sulzer has launched a new global Center of Excellence (CoE) for Water Treatment Solutions - the CoE consolidates Sulzer’s wastewater treatment expertise in a unified and global manner.
Hear how Scottish Water has completed its £235 million Ayrshire Glasgow Resilience Project - customers across Greater Glasgow, Ayrshire and East Renfrewshire will now benefit from a more secure and resilient water supply.
Hear how United Utilities is accelerating its investment to reduce spills from storm overflows across the Northwest.
Find out more about the remarkable career opportunities on offer at WSP - scroll down to watch the inspirational video.