Hammerson / Grand Central merger inquiry

The CMA investigated the completed acquisition by Hammerson Plc of the Grand Central Shopping Centre business.

Statutory timetable

Phase 1 date Action
22 August 2016 Decision published
28 July 2016 Decision announced
3 to 17 June 2016 Invitation to comment
3 June 2016 Launch of merger inquiry
7 March 2016 Initial enforcement order

Phase 1

CMA clearance decision

28 July 2016: The CMA has cleared the acquisition by Hammerson plc of Grand Central Shopping Centre. The full text of the decision is available below.

Invitation to comment: Now closed

3 June 2016: The CMA is considering whether it is or may be the case that this transaction has resulted 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 has resulted, or 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

3 June 2016: The CMA announced the launch of its merger inquiry by notice to the parties.

Initial enforcement order

7 March 2016: On 4 March 2016, the CMA served an initial enforcement order under section 72(2) of the Enterprise Act 2002 on Hammerson Plc, Hammerson UK Properties Plc and Grand Central Limited Partnership in relation to the completed acquisition by Hammerson Plc of the Grand Central Shopping Centre business.

Amendments/consents granted

Contact

Please send written representations about any competition or public interest to:

Alba Ziso
Competition and Markets Authority
Victoria House
Southampton Row
London
WC1B 4AD

alba.ziso@cma.gsi.gov.uk

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