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UK: CMA launches construction merger probe

By  |  April 2, 2014

The Competition and Markets Authority has reportedly launched an investigation into a $415 million construction company merger, picking up on the case where the Office of Fair Trading left off before it was merged with the Competition Commission.

The OFT first announced a call for evidence into whether Interserve’s buyout of Initial Facilities, owned by Rentokil, could lead to a lessening of competition in the construction industry. The CMA is inviting public comment on the merger until mid-April.

Reports say Interserve responded by saying the firm does not expect any concerns to be raised by the inquiry.

Full Content: Construction News Plus

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