Permira / Towry Group merger inquiry
The CMA investigated the anticipated acquisition by Permira Holdings Limited of TL JerseyCo Finance Limited (Towry Group).
Statutory timetable
| 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 |
Phase 1
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.
- (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.
- (19.5.16)
Contact
Please send written representations about any competition issues to:
Carole Bowley / Adriano Basso
Competition and Markets Authority
Victoria House
Southampton Row
London
WC1B 4AD
Last updated 6 July 2016 + show all updates
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Full text of the decision published.
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Clearance decision announced.
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First published.