The CMA investigated and cleared the completed acquisition by Bupa Finance Plc of the Oasis Healthcare Group Limited.
|Phase 1 date||Action|
|22 March 2017||Decision published|
|16 March 2017||Decision announced|
|27 February 2017||Revocation of initial enforcement order|
|9 February 2017||Initial enforcement order|
|6 February to 20 February 2017||Invitation to comment|
|6 February 2017||Launch of merger inquiry|
CMA clearance decision
16 March 2017: The CMA has cleared the completed acquisition by Bupa Finance Plc of the Oasis Healthcare Group Limited. The full text of the decision is available below.
- Full text decision (22.3.17)
Revocation of initial enforcement order
27 February 2017: In view of the evidence available to the CMA at this stage, the CMA revoked the initial enforcement order.
- Revocation order (27.2.17)
Initial enforcement order
On 9 February 2017, the CMA served an initial enforcement order under section 72(2) of the Enterprise Act 2002 on The British United Provident Association Limited and Bupa Finance Plc, in relation to the completed acquisition by Bupa Finance Plc of The Oasis Healthcare Group Limited.
Invitation to comment: Now closed
6 February 2017: The Competition and Markets Authority (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.
Launch of merger inquiry
6 February 2017: The CMA has launched its phase 1 investigation following the European Commission’s decision to refer the case to the United Kingdom under Article 4(4) of the EC Merger Regulation.
Published: 6 February 2017
Updated: 22 March 2017
Opened: 6 February 2017
Closed: 22 March 2017
- Full text of the decision published.
- Clearance decision announced.
- Revocation order published.
- First published.