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
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