The CMA investigated and cleared the anticipated acquisition by Severn Trent Plc of Dee Valley Group plc.
|Phase 1 date||Action|
|22 December 2016||Decision published|
|16 December 2016||Decision announced|
|29 November 2016||Launch of merger inquiry|
|17 November to 1 December 2016||Invitation to comment|
CMA clearance decision
16 December 2016: The CMA has cleared the acquisition by Severn Trent Plc of Dee Valley Group plc. The full text of the decision is available below.
Launch of merger inquiry
29 November 2016: The CMA announced the launch of its merger inquiry by notice to the parties.
- Commencement of initial period notice (29.11.16)
This notice replaces the notice dated 17 November 2016 which was published under section 96(2A) pursuant to section 107(1)(i) of the Act, which is inapplicable to the current circumstances based on the application of the Water Industry Act 1991, as amended by the Water Act 2014.
Invitation to comment: Now closed
17 November 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 a merger of any 2 or more water enterprises under the Water Industry Act 1991 (as amended by the Water Act 2014) and, if so, whether the creation of that situation is likely to prejudice Ofwat’s ability, in carrying out its functions, to make comparisons between water enterprises.
Please send written representations about any competition or public interest to:
Competition and Markets Authority
Published: 17 November 2016
Updated: 22 December 2016
Opened: 17 November 2016
Closed: 22 December 2016
- Ofwat opinion added.
- Full text of the decision published.
- Clearance decision announced.
- First published.