Novomatic / Talarius merger inquiry
The CMA investigated the completed acquisition by Novo Invest GmbH acting through Novomatic UK Ltd of Talarius Limited.
Statutory timetable
| Phase 1 date | Action |
|---|---|
| 11 January 2017 | Undertakings in lieu of reference accepted |
| 8 November 2016 | Decision published |
| 28 October 2016 | Decision announced |
| 5 September 2016 | Launch of merger inquiry |
| 5 September to 16 September 2016 | Invitation to comment |
| 8 August 2016 | Initial enforcement order |
Phase 1
Undertakings in lieu of reference accepted
11 January 2017: The CMA has accepted undertakings in lieu of reference for the completed acquisition by Novo Invest GmbH acting through Novomatic UK Ltd of Talarius Limited. A copy of the undertakings and the decision are available below.
- (13.1.17)
- (13.1.17)
Undertakings in lieu of reference consultation: Now closed
5 December 2016: We are consulting on proposed undertakings in lieu (UIL) of a reference for the completed acquisition by Novo Invest GmbH acting through Novomatic UK Ltd of Talarius Limited.
- (5.12.16)
- (5.12.16)
CMA to consider undertakings offered
10 November 2016: The CMA considers that there are reasonable grounds for believing that the undertakings offered by Novomatic UK Ltd, or a modified version of them, might be accepted by the CMA under the Enterprise Act 2002. A copy of the decision is available below.
- (16.11.16)
Reference unless undertakings accepted
28 October 2016: The CMA has decided, on the information currently available to it, that it is or may be the case that this merger may be expected to result in a substantial lessening of competition within a market or markets in the United Kingdom. This merger will be referred for a phase 2 investigation unless the parties offer acceptable undertakings to address these competition concerns. The full text of the decision is available below.
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(8.11.16)
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Press release: Merger of adult gaming centres could face in-depth investigation (28.10.16)
Launch of merger inquiry
5 September 2016: The CMA announced the launch of its merger inquiry by notice to the parties.
- (5.9.16)
Invitation to comment: Now closed
5 September 2016: 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.
Initial enforcement order
On 8 August 2016, the CMA served an initial enforcement order under section 72 (2) of the Enterprise Act 2002 on Novo Invest GmbH and Novomatic UK Ltd, in relation to the completed acquisition by Novo Invest GmbH acting through Novomatic UK Ltd of Talarius Limited.
- (15.11.16)
- (9.8.16)
Amendments/consents granted:
- (26.9.16)
Contact
Last updated 13 January 2017 + show all updates
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UIL acceptance decision and final undertakings published.
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Undertakings in lieu of reference accepted.
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Undertakings in lieu of reference consultation launched.
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Decision that undertakings might be accepted added.
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Variation order published.
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CMA to consider undertakings offered announcement added.
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Full text decision published.
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Decision announced: reference unless undertakings accepted.
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Derogation published.
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Launch of CMA merger inquiry.
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First published.