REG - Competition and Mkts - Merger Update: Macquarie / BCI / National Grid Gas

National GridAnnouncement

22/11/2022 10:15

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RNS Number : 1009H  Competition and Markets Authority  22 November 2022

 

 

Merger Clearance:

 

The CMA has decided, on the information currently available to it, not to
refer the following merger to a Phase 2 investigation under the provisions of
the Enterprise Act 2002.

 

Title of Merger case: the anticipated acquisition by the consortium between
Macquarie Infrastructure and Real Assets (Europe) Limited and British Columbia
Investment Management Corporation of a 60% shareholding in the gas
transmission and gas metering business of National Grid plc.

 

The text of this decision will be placed on the Competition and Markets
Authority's website at https://www.gov.uk/cma-cases
(https://www.gov.uk/cma-cases) in due course.

 

In the event of media enquiries please email Press@cma.gov.uk
(mailto:Press@cma.gov.uk) .

 

 

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