UK competition regulator clears acquisition of a stake in Scotia Gas by OTPP and Brookfield

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 92%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Deal for a minor stake does not require a so-called Phase 2 investigation

Britain’s competition regulator cleared Brookfield’s proposed acquisition of a minority stake in Scotia Gas Networks without referring the $1.7 billion deal to a lengthy investigation.

Britain’s SSE in August agreed to sell its entire 33.3% stake in Scotia Gas Networks to a Canadian consortium formed by Ontario Teachers’ Pension Plan Board and Brookfield Super-Core Infrastructure Partners.The deal does not merit a so-called Phase 2 investigation, the Competition and Markets Authority said.

Your time is valuable. Have the Top Business Headlines newsletter conveniently delivered to your inbox in the morning or evening.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

blah blah blah

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 5. in BE

Belgique Dernières Nouvelles, Belgique Actualités