REG - Competition and Mkts - Merger Update: Danone S.A. / Harrogate Water Ltd
RNS Number : 3234MCompetition and Markets Authority11 May 2020Start of CMA Merger Investigation: anticipated acquisition by Danone S.A. of Harrogate Water Brands Limited
The Competition and Markets Authority (CMA) is considering whether it is or may be the case that this transaction 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 7 May 2020 and has a deadline of 6 July 2020 for its phase 1 decision.
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