Fintrax / GB TaxFree merger inquiry

The CMA investigated and cleared the anticipated acquisition by Fintrax Group Holding Limited of GB TaxFree Limited.

Statutory timetable

Phase 1 date Action
1 December 2017 Decision published
14 November 2017 Decision announced
26 September to 9 October 2017 Invitation to comment
26 September 2017 Launch of merger inquiry

Phase 1

CMA clearance decision

14 November 2017: The CMA has cleared the anticipated acquisition by Fintrax Group Holding Limited of GB TaxFree Limited. The full text of the decision is available below.

Invitation to comment: Now closed

26 September 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

26 September 2017: The CMA announced the launch of its merger inquiry by notice to the parties.

Contact

mergersupportteam@cma.gsi.gov.uk

Published 26 September 2017
Last updated 1 December 2017 + show all updates
  1. Full text of the decision published.
  2. Clearance decision announced.
  3. First published.