The Recycler
  • ECs TEmp AD
  • Ninestar Masthead banner July 2021
  • Nubeprint Online 425x90
  • Katun March Web Advert 2021
  • Biuromax Web ad May 2021

Restore acquisition under investigation

Restore acquisition under investigation

May 8, 2018

The UK Competition and Markets Authority has revealed that it is investigating the acquisition of a unit of TNT UK Ltd by Restore PLC.

In March 2018, The Recycler reported that Restore PLC had commenced the acquisition of the records management business unit of TNT UK Ltd, known as TNT Business Solutions.

The acquisition, for the sum of £88 million ($118.8 million/€100 million), was slated to be finalised on 1 May 2018.

Now, as Morningstar reports, the UK CMA has announced that it has filed an initial enforcement order on this acquisition, “meaning it is looking to review the acquisition and its effects on competition after completion, pausing further integration of the businesses.”

 

Categories : City News

Tags : Acquisition Business Investigation Restore PLC TNT UK Ltd UK UKCMA

  • Aster AUGUST Web banner 2021
  • Apex web ad May 2021 version 2
  • GM Technology web banner September 2021
  • Static Web ad July 2021
  • Ninestar Big & Bold July 2021
  • GPI September 2021 Advert
  • IR Italiana Web ad January 2021
  • Mito September 2021 Web Advert
  • Armor May banner Ink
  • HYB Web ad February 2021
  • ITP Web ad January 2021
  • CTS Toner Supplies Web ad April 2021
  • Adter Recruitment Web ad April 2021
  • Ohana July 2021 web advert
  • CET Web ad September 2021
  • PCL Web ad January 2021
  • PW Dubai December Ad
  • CTS Toner Supplies Web ad April 2021
  • PCL Web ad January 2021
  • ITP Web ad January 2021
  • Adter Recruitment Web ad April 2021
  • CET Web ad September 2021
  • PW Dubai December Ad
  • Ohana July 2021 web advert
  • HYB Web ad February 2021
  • PCL Web ad January 2021
  • PW Dubai December Ad
  • Ohana July 2021 web advert
  • CET Web ad September 2021
  • Adter Recruitment Web ad April 2021
  • ITP Web ad January 2021
  • HYB Web ad February 2021
  • CTS Toner Supplies Web ad April 2021

The Recycler, Wittas House, Two Rivers, Station Lane, Witney, OX28 4BH, United Kingdom | Tel: +44 (0) 1993 899800 | Fax : +44 (0) 1993 226899
©2006-2021 The Recycler - Terms & Conditions - Privacy Policy including cookie use

Web design Dorset | Websites by Mark