ION Investment Group / Fidessa group merger inquiry

The CMA has investigated and cleared the anticipated acquisition by ION Investment Group Limited of Fidessa group plc.

From:
Competition and Markets Authority
Published
18 June 2018
Last updated
22 August 2018 — See all updates
Case type:
Mergers
Case state:
Closed
Market sector:
Financial services
Outcome:
Mergers - phase 1 clearance
Opened:
18 June 2018
Closed:
22 August 2018

Statutory timetable

Phase 1 date Action
22 August 2018 Decision published
3 August 2018 Decision announced
18 June to 2 July 2018 Invitation to comment
18 June 2018 Launch of merger inquiry

Phase 1

CMA clearance decision

3 August 2018: The CMA has cleared the anticipated acquisition by ION Investment Group Limited of Fidessa group plc.

Invitation to comment: now closed

18 June 2018: 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

18 June 2018: The CMA announced the launch of its merger inquiry by notice to the parties.

Contact

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

Nick Wright
Competition and Markets Authority
Victoria House
Southampton Row
London
WC1B 4AD

nick.wright@cma.gov.uk

Published 18 June 2018
Last updated 22 August 2018 + show all updates

  1. Full text decision published.

  2. Clearance decision announced.

  3. First published.

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