REG - Competition and Mkts - Merger Update: Pennon/Bristol

PennonAnnouncement

07/03/2022 10:15

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RNS Number : 7372D  Competition and Markets Authority  07 March 2022

 

Acceptance of Undertakings in Lieu of Reference

 

Completed acquisition by Pennon Group plc of Bristol Water Holdings UK Limited

 

The CMA has today accepted undertakings in lieu of reference to Phase 2 given

by Pennon Group plc (Pennon) under section 33D of the Water Industry Act
1991. The merger between Pennon and Bristol Water Holdings UK Limited will
therefore not be referred to Phase 2 and the undertakings which have been
signed by Pennon will come into effect from this date.

 

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) as soon as is reasonably practical.

 

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

 

 

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