Bank of Montreal / F&C Asset Management
The CMA investigated the anticipated acquisition by BMO Financial Group of F&C Asset Management plc.
Administrative timetable
| Phase 1 | Action |
|---|---|
| 19 May 2014 | Decision published |
| 2 May 2014 | Decision announced |
| 27 March 2014 – 11 April 2014 | Invitation to comment |
| 21 March 2014 | Merger inquiry launched |
Phase 1
CMA clearance decision: 2 May 2014
The CMA announced its clearance decision on 2 May 2014. The full text of the decision is available below:
- Full text decision (PDF, 339 Kb) (19.05.14)
Invitation to comment: Now closed
The OFT is considering whether this acquisition has resulted in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation has resulted, or may be expected to result, in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.
Merger inquiry Launched: 21 March 2014
The OFT received a satisfactory submission on 21 March 2014
Contact
Please send written representations about any competition or public interest to:
Peter Swan
Competition and Markets Authority
Victoria House
37 Southampton Row
London
WC1B 4AD