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Displaying items by tag: mergers

OFWAT LOGOOfwat has launched a new consultation on its proposed revised approach to water and wastewater company mergers under the special merger regime set out in the Water Industry Act 1991 and its proposed updated statement of methods for the assessment of mergers.

CMA Logo

Less than two weeks after the Competition and Markets Authority said Pennon’s purchase of Sumisho Osaka Gas Water UK and its subsidiary Sutton and East Surrey Water could harm Ofwat’s ability to make comparisons between water companies, the CMA has announced that it might clear the deal.

 

CMA LogoThe Competition and Markets Authority (CMA) has found Pennon’s purchase of Sumisho Osaka Gas Water UK (including its subsidiary Sutton and East Surrey Water), could harm Ofwat’s ability to make comparisons between water companies and carry out its statutory functions.

CMA LogoThe Competition and Markets Authority (CMA) is progressing work on its investigation into Pennon Group’s acquisition of Sutton and East Surrey Water which opened on 11 January 2024.

CMA LogoThe Competition and Markets Authority has just announced that it is investigating the anticipated acquisition by the overseas investors consortium of Macquarie Infrastructure and Real Assets (Europe) Ltd and British Columbia Investment Management Corporation of a 60% shareholding in the gas transmission and gas metering business of National Grid Gas plc.

CMA LogoThe Competition and Markets Authority (CMA) has found that the anticipated purchase of Waterlogic by Culligan could lead to a loss of competition in the supply of multifunctional taps to business customers in the UK.

The Competition and Markets Authority (CMA) is investigating the completed acquisition by Castle Water Holdings Ltd of Invicta Water Ltd and whether the transaction has resulted in the creation of a merger situation under the provisions of the Enterprise Act 2002.

Thursday, 17 August 2017 08:33

EC clears pumped hydro firm acquisition

The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control over FHH (Guernsey) Ltd by Brookfield Renewable UK Hydro Ltd.

Published in Company News

Today is the deadline to comment on the first phase of the Competition and Markets Authority investigation into the proposed non-household retail water and sewerage services joint venture between Anglian Water Group Ltd and Northumbrian Water Group Ltd.

The High Court in London has ruled in favour of Severn Trent Water’s £84 million takeover bid for Dee Valley Water.

Published in Company News
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