Rolls royce turbomeca ltd



Keywords: rolls royce turbomeca ltd
Description: OFT closed case: Anticipated acquisition by Turbomeca of 50 per cent of the assets and business related to the arrangements for Rolls-Royce Turbomeca Limited from Rolls-Royce plc. Anticipated

OFT closed case: Anticipated acquisition by Turbomeca of 50 per cent of the assets and business related to the arrangements for Rolls-Royce Turbomeca Limited from Rolls-Royce plc.

Anticipated acquisition by Turbomeca of 50 per cent of the assets and business related to the arrangements for Rolls-Royce Turbomeca Limited from Rolls-Royce plc.

On the basis of the information available to it, the Office of Fair Trading has decided that the anticipated acquisition by Turbomeca Limited of 50 per cent of the assets and business related to the arrangements for Rolls-Royce Turbomeca Limited from Rolls-Royce PLC does not qualify for investigation under the mergers provisions of the Enterprise Act 2002 (the Act), because neither the UK turnover test nor the share of supply test in section 23 of the Act is met.  A relevant merger situation has, therefore, not been created.






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