Brookfield Asset Management Inc. / Scotia Gas Networks Limited merger inquiry
The CMA invested and cleared the anticipated acquisition by Brookfield Asset Management Inc. of a minority shareholding in Scotia Gas Networks Limited.
Statutory timetable
| Date | Action |
|---|---|
| 1 March 2022 | Decision announced |
| 8 March 2022 | Deadline for phase 1 decision (*) |
| 11 January 2022 | Launch of merger inquiry |
| 11 January 2022 to 26 January 2022 | Invitation to comment |
(*) This date is the current statutory deadline by when the decision will be announced. If any change occurs, the information is refreshed as soon as practicable. However, the CMA cannot guarantee that the decision will be announced on or before this current deadline, as the deadline of a given case may change during the merger assessment process due to different reasons.
Phase 1
CMA clearance decision
1 March 2022: The CMA has cleared the anticipated acquisition by Brookfield Asset Management Inc. of a minority shareholding in Scotia Gas Networks Limited.
- (11.4.22)
Launch of merger inquiry
11 January 2022: The CMA announced the launch of its merger inquiry by notice to the parties.
- (11.1.22)
Invitation to comment: closed
11 January 2022: The CMA is considering whether it is or may be the case that this transaction, if carried into effect, will result 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 may be expected to result in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.
To assist it with this assessment, the CMA invites comments on the transaction from any interested party.
Contact
Please send written representations about any competition issues to:
Last updated 11 April 2022 + show all updates
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Clearance full text decision published.
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Clearance decision published.
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First published.