DX Group’s multi-million pound takeover of Legal Post (Scotland) and First Post appears to be back on track, after the UK competition authority lifted an enforcement order pausing the deal. In a statement today, DX Group said the UK Competition and Markets Authority (CMA) had lifted its initial enforcement order. Enforcement orders such as this delay the integration of businesses, providing the CMA time to look into the implications of deals it feels could lead to a lessening of competition […]
FedEx’s €4.4bn (£3.4bn) takeover of TNT Express is set to complete later this month, just over a year since the parcel giants announced the deal.
The Office of Fair Trading (OFT) has today (5 September) issued a call for information on the UK petrol and diesel sector, in order to identify whether there are competition problems it can investigate. “We are keenly aware of continuing widespread concern about the pump price of petrol and diesel and we have heard a number of different claims about how the market is operating,” said Claire Hart, director in the OFT’s Services, Infrastructure and Public Markets Group. “We have […]
Pollock (Scotrans) made a loss in 2015 after the collapse of paper maker Tullis Russell and ongoing integration of 2014 acquisition Gilbraith (TS) made for a “challenging year”.