Nikkei / Financial Times Group merger inquiry

The CMA investigated the anticipated acquisition by Nikkei Inc. of The Financial Times Group.

Statutory timetable

Phase 1 date Action
16 November 2015 Decision published
15 October 2015 Decision announced
1 October 2015 Launch of merger inquiry
14 September to 28 September 2015 Invitation to comment

Phase 1

CMA clearance decision

15 October 2015: The CMA has cleared the acquisition by Nikkei Inc. of The Financial Times Group. The full text of the decision is available below.

Launch of merger inquiry

1 October 2015: The CMA announced the launch of its merger inquiry by notice to the parties.

Invitation to comment: Now closed

14 September 2015: 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.


Please send written representations about any competition issues to:

Reena Matharoo
Competition and Markets Authority
Victoria House
Southampton Row

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