Originally Posted by
Mitchaa
Hmm, if the rumours of PHI coming into the market are true (or any big player for that matter)...
Surely PHI would have been one of the [quote]'...businesses which were suggested to us as potential entrants...'[unquote] as well as other 'big players'?
Would PHI and other 'big players' not have been consulted by the CMA and therefore have already ruled themselves out? Chatter from OHS employees indicates that that's what OHS management think.
The Summary of the Final Report appears to be as contradictory as the interim report: The CMA states that they won't allow the merger due to concerns about Significant Loss of Competition and that the OHS part of the Fisher business must be divested...but twenty five paragraphs (and a lot of guff) later they indicate that no one is interested in buying OHS.
So, my learned friends, what happens when no buyer is found and CHC gets fed up with pumping cash into something they can't control or, presumably, make money from? Wouldn't OHS fold and all the contracts go back to tender anyway?