Competition and Mkts - Merger Update: SMFLH / MRL

Sumitomo

15/05/2025 16:00

RNS Number : 8959I

Competition and Markets Authority

15 May 2025

 

GENERAL TEXT AMENDMENT

 

The following amendment(s) has (have) been made to the '(Headline)' announcement released on 15 May 2025 at 12:00 (noon) under RNS No 8465I.

 

Removed 'UK' from 'SMFL LCI Helicopters UK Limited' (two instances).

 

All other details remain unchanged.

 

The full amended text is shown below.

Announcement of Initial Enforcement Order: acquisition by SMFL LCI Helicopters Limited of Macquarie Rotorcraft Limited Business

The CMA has reasonable grounds to believe that the Parties will complete the Merger. Therefore, on 15 May 2025, the CMA served an initial enforcement order under section 72(2) of the Enterprise Act 2002 on Sumitomo Mitsui Financial Group Inc., (SMFG), Sumitomo Corporation (SC), Sumitomo Mitsui Finance & Leasing Co. Limited (SMFL), SMFL LCI Helicopters Limited (SMFLH), and Macquarie Rotorcraft Limited (MRL).

The initial enforcement order will take effect upon completion of the Merger.

The text of the order will be published on the Competition and Markets Authority's web site at http://www.gov.uk/cma shortly.

In the event of media enquiries please email press@cma.gov.uk.

 

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