East Surrey Energy Investments / Phoenix Natural Gas

OFT closed case: Anticipated acquisition by East Surrey Energy Investments Ltd of Phoenix Natural Gas Ltd.

From:
Competition and Markets Authority
Published
19 December 2003
Case type:
Mergers
Case state:
Closed
Market sector:
Energy
Outcome:
Mergers - phase 1 found not to qualify
Closed:
19 December 2003

Affected market: Transportation and supply of gas

No. ME/1513/03

On the basis of the information available to it, the OFT has decided that the anticipated acquisition by East Surrey Energy Investments Ltd of Phoenix Natural Gas Ltd does not qualify for investigation under the mergers provisions of the Enterprise Act 2002, 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 19 December 2003