UK CMA gives final clearance in Breedon’s Hope acquisition

UK CMA gives final clearance in Breedon’s Hope acquisition

UK Competition and Markets Authority (CMA) has cleared Breedon to acquire Hope Construction Materials following its acceptance of Breedon’s undertakings in lieu of a reference to a Phase 2 investigation in respect of its proposed acquisition of Hope. Breedon had proposed undertakings to the CMA to divest 14 readymix sites to an up-front buyer approved by the CMA.  

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