Alphyra Holdings / PostTS UK Ltd and An Post Transaction Services S.A.U.

OFT closed case: Completed acquisition by Alphyra Holdings of PostTS UK Limited and An Post Transaction Services S.A.U.

From:
Competition and Markets Authority
Published
8 June 2005
Case type:
Mergers
Case state:
Closed
Market sector:
Electronics
Outcome:
Mergers - phase 1 found not to qualify
Closed:
8 June 2005

Affected market: Electronic payment systems

No. ME/1713/05

On the basis of the information available to it, the Office of Fair Trading has decided that the completed acquisition of PostTS UK Limited and An Post Transaction Services S.A.U by Alphyra Holdings Ltd does not qualify for investigation under the mergers provisions of the Enterprise Act 2002 (the Act), because neither the UK turnover test nor the share of supply test in section 23 of the Act is met.  A relevant merger situation has, therefore, not been created.

Published 8 June 2005