21 September 2017: The CMA has accepted undertakings in lieu of reference for the acquisition by Solera Holdings, Inc. Limited of Emperor 1 Limited. Copies of the undertakings and the decision are available below.
1 June 2017: The CMA considers that there are reasonable grounds for believing that the undertakings offered by Solera Holdings, Inc., 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.
17 May 2017: 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.
20 March 2017: 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.
Launch of merger inquiry
20 March 2017: The CMA announced the launch of its merger inquiry by notice to the parties.
On 25 January 2017, the CMA served an initial enforcement order under section 72(2) of the Enterprise Act 2002 on Solera Holdings, Inc. HPI Holding Limited and Emperor 1 Limited in relation to the acquisition by Solera Holdings, Inc. Limited of Emperor 1 Limited.