Tuesday, March 27, 2007

OFT clears Inchcape EMH take-over

INCHCAPE'S acquisition of European Motor Holdings will not be referred to the Competition Commission -f for the moment.
The Office of Fair Trading said it would accept appropriate undertakings from Inchcape to address the competition concerns that arose from the merger.
The OFT said it would make a decision 'as soon as is reasonably practicable'.

DATED: 27.03.07

FEED: AW





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