PPRuNe Forums - View Single Post - CHC LLC purchases Babcock
View Single Post
Old 29th Jun 2021, 10:10
  #220 (permalink)  
Ant T
 
Join Date: Jun 2011
Location: Falkland Islands
Posts: 171
Received 26 Likes on 3 Posts
Originally Posted by KiwiNedNZ
Merger has been stopped.

CHC - Babcock Merger Stopped
Not sure if you mean that you think it has been “stopped” as in “ruled out”?

This seems to link to the same UK gov page that PPI Zulu refers to a couple of weeks ago, (post 204 above), which appears to be a temporary enforced hold on any progress with a merger, while the Competition and Markets Authority is “considering whether to make a reference under section 22 or 33 of the Act” (the Enterprise Act 2002).

I am no expert on this at all! However, I understand that to mean that it is “stopped” as in “on hold while the authorities investigate whether it meets certain criteria”, rather than “never going to happen”.

Apologies if you already know this, but your post appeared to me to suggest the merger was off permanently.
Ant T is offline