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Merger Update

BME

RNS Number : 1699E
Competition and Markets Authority
14 July 2016
 

 

 

"Merger decision announced:

 

The CMA has decided, on the information currently available to it, that it is or may be the case that the following Merger, has resulted or may be expected to result in a substantial lessening of competition within a market or markets in the United Kingdom

 

Completed acquisition by Acadia Healthcare Company, Inc. of Priory Group No. 1 Limited

 

The CMA is therefore considering whether to accept an undertaking under section 73 of the Enterprise Act 2002 (the Act) in lieu of a reference. Pursuant to section 73A(1) of the Act, the Parties have until 21 July 2016 to offer an undertaking to the CMA that might be accepted by the CMA under section 73(2) of the Act. If no such undertaking is offered, then the CMA will refer this Merger pursuant to sections 22(1) and 34ZA(2) of the Act:

 

The text of this decision will be placed on the Competition and Market Authority's web site at https://www.gov.uk/cma-cases as soon as is reasonably practicable.

 

In the event of media enquiries please call Siobhan Allen on 020 3738 6460"

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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