Heineken / Punch Taverns merger inquiry

The CMA is investigating the anticipated acquisition by Heineken UK Limited of Punch Taverns Holdco (A) Limited.

Statutory timetable

Phase 1 date Action
29 May 2017 Deadline for phase 1 decision (*)
16 February to 2 March 2017 Invitation to comment
16 February 2017 Launch of merger inquiry

(*) 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 CMA 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

Notice of extension of the preliminary assessment period

Invitation to comment: Now closed

16 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

16 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.


Please send written representations about any competition issues to:

Lasse Burmester
Competition and Markets Authority
Victoria House
Southampton Row


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