Affected market: Water
On the basis of the information available to it, the OFT has decided
that the completed acquisition by Secondary Market Infrastructure Fund
UK LP of an interest on South Downs Capital does not qualify for
investigation under the mergers provisions of the Enterprise Act 2002
(the Act), because neither the UK turnover test nor the share of supply
test in section 23 of the Act is met. A relevant merger situation has,
therefore, not been created.
A mandatory reference under the Water Industry Act 1991 is not triggered
as only one water enterprise is involved in this transaction.