GVC Ladbrokes Coral acquisition to be reviewed by CMA

News on 8 Feb 2018

GVC Holding’s proposed acquisition of Ladbrokes Coral will be investigated by the UK’s Competition and Markets Authority (CMA) to determine whether the deal will lessen competition within the market.

The CMA launched the investigation Wednesday with Phase 1 of the process, an invitation to comment, open until February 21, 2018.

The deadline for the CMA to announce its decision on whether to refer the merger for a Phase 2 investigation is April 6, 2018.

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