Monthly journal Parking Review has been the definitive source of news and intelligence on the UK and international public and private parking sectors since 1989.

CMA probe holds up National Express/Stagecoach deal

Business

14 February 2022
 

The Competition and Markets Authority (CMA) is to investigate the proposed takeover of Stagecoach by National Express.

As a result, CMA has issued an initial enforcement order that prevents either business from disposing of material UK assets in the meantime. Both groups and their subsidiaries will maintain their current respective shapes while CMA’s inquiry commences. 

The Authority has not yet set the dates for when it will invite comment or when it will issue a phase one...

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