Barclays Bank / The Logic Group Holdings merger inquiry

The CMA investigated the anticipated acquisition of The Logic Group Holdings Limited by Barclays Bank PLC.

Statutory timetable

Phase 1 date Action
24 November 2014 Decision published
13 November 2014 Decision announced
17 October 2014 Launch of merger inquiry
17 to 30 October 2014 Invitation to comment

Phase 1

FNTQ decision announced

13 November 2014: The CMA has today decided that the anticipated acquisition of The Logic Group Holdings Limited by Barclays Bank PLC does not qualify for investigation under the merger provisions of the Enterprise Act 2002. The full text of the decision is available below:

Launch of CMA merger inquiry

17 October 2014: The CMA launched its merger inquiry following receipt of a satisfactory submission.

Invitation to comment: Now closed

17 October 2014: The CMA is considering whether it is or may be the case that this transaction has resulted 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 has resulted, or may be expected to result, in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.

Contact

Please send written representations about any competition issues to:

Suzanne Van Scheijen
Competition and Markets Authority
Victoria House
Southampton Row
London
WC1B 4AD

suzanne.vanscheijen@cma.gsi.gov.uk

Published 24 November 2014