Completed acquisition by IRESS UK Holdings of Avelo FS Holdings Limited

The CMA investigated the completed acquisition by IRESS UK Holdings of Avelo FS Holdings Limited.

Administrative timetable

Phase 1 Action
5 June 2014 Decision published
14 February 2014 Decision announced (*)
19 November 2013 – 3 December 2013 Invitation to comment
19 November 2013 Merger inquiry launched

(*) 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 OFT 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

OFT clearance decision: 14 February 2014

The OFT announced its clearance decision on 14 February 2014. The full text of the decision is available below:

Launch of CMA merger inquiry: 19 November 2013 - closed

The OFT launched a merger inquiry on 19 November 2013 and decided on this case on 14 February 2014.


Please send written representations on this case to:

Raul Nieto
Competition and Markets Authority
Victoria House
37 Southampton Row

Published 30 June 2014