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News Competition and Markets Authority to consider Breedon Group undertakings for Cemex UK acquisitions

Competition and Markets Authority to consider Breedon Group undertakings for Cemex UK acquisitions

Written by Global Cement staff 14 September 2020
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UK: The Competition and Markets Authority (CMA) has announced that it will consider the undertakings offered by Breedon Group to which its deal with Cemex UK for acquisition of several of the latter’s ready-mix and aggregates operations would be subject. The regulator explained its ruling by saying, “There are reasonable grounds for believing that the undertakings might be accepted by the CMA under the Enterprise Act 2002.” This may lead to the completion of the acquisitions, which were agreed on 21 January 2020.

Last modified on 16 September 2020
Published in Global Cement News
Tagged under
  • UK
  • Competition and Markets Authority
  • Breedon Group
  • Acquisition
  • Cemex
  • Cemex UK
  • Aggregates
  • concrete
  • Competition
  • GCW473

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