Nasdaq, Inc. / Cinnober Financial Technology AB merger inquiry
The CMA is investigating the proposed acquisition by Nasdaq Technology AB, a wholly-owned subsidiary of Nasdaq, Inc., of Cinnober Financial Technology AB.
Statutory timetable
| Phase 1 date | Action |
|---|---|
| 7 February 2019 | Decision published |
| 31 January 2019 | Decision announced |
| 10 December 2018 | Launch of merger Inquiry |
| 23 November to 7 December 2018 | Invitation to comment |
Phase 1
CMA clearance decision
31 January 2019: The CMA has cleared the anticipated acquisition by Nasdaq Technology AB, a wholly-owned subsidiary of Nasdaq, Inc., of Cinnober Financial Technology AB.
- (7.2.19)
Launch of merger inquiry
10 December 2018: The CMA announced the launch of its merger inquiry by notice to the parties.
- (10.12.18)
Invitation to comment: now closed
23 November 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.
Contact
Please send written representations about any competition issues to:
Last updated 31 January 2019 + show all updates
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Phase 1 clearance decision announced.
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First published.