The CMA investigated the anticipated acquisition by Permira Holdings Limited of TL JerseyCo Finance Limited (Towry Group).
|Phase 1 date||Action|
|6 July 2016||Decision published|
|27 June 2016||Decision announced|
|19 May to 3 June 2016||Invitation to comment|
|19 May 2016||Launch of merger inquiry|
CMA clearance decision
27 June 2016: The CMA has cleared the anticipated acquisition by Permira Holdings Limited of TL JerseyCo Finance Limited (Towry Group). The full text of the decision is available below.
- Full text decision (6.7.16)
Invitation to comment: Now closed
19 May 2016: 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.
Launch of merger inquiry
19 May 2016: The CMA announced the launch of its merger inquiry by notice to the parties.
- Commencement of initial period notice (19.5.16)
Please send written representations about any competition issues to:
Carole Bowley / Adriano Basso
Competition and Markets Authority
Published: 19 May 2016
Updated: 6 July 2016
Opened: 19 May 2016
Closed: 6 July 2016
- Full text of the decision published.
- Clearance decision announced.
- First published.