Pulsant Bidco / Onyx merger inquiry

The CMA investigated and cleared the completed acquisition by Pulsant Bidco Limited of Onyx Information Technology Holdings Limited.

• From: Competition and Markets Authority
• Published: 22 July 2016
• Last updated: 18 January 2017 — See all updates

• Case type: Mergers
• Case state: Closed
• Market sector: Distribution and service industries
• Outcome: Mergers - phase 1 clearance
• Opened: 22 July 2016
• Closed: 18 January 2017

Statutory timetable

Phase 1 date	Action
18 January 2017	Decision published
9 December 2016	Decision announced
17 November 2016	Revocation of the initial enforcement order
8 November 2016	Launch of merger inquiry
24 October to 7 November 2016	Invitation to comment
21 July 2016	Initial enforcement order

Phase 1

CMA clearance decision

9 December 2016: The CMA has cleared the acquisition by Pulsant Bidco Limited of Onyx Information Technology Holdings Limited. The full text of the decision is available below.

• Full text decision (18.1.17)

Revocation of initial enforcement order

17 November 2016: In view of the evidence available to the CMA at this stage, the CMA revoked the initial enforcement order.

• Revocation order (17.11.16)

Launch of merger inquiry

8 November 2016: The CMA announced the launch of its merger inquiry by notice to the parties.

• Commencement of initial period notice (9.11.16)

Invitation to comment: Now closed

24 October 2016: The Competition and Markets Authority (CMA) is considering whether it is or may be the case that this transaction 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.

Initial enforcement order

On 21 July 2016, the CMA served an initial enforcement order under section 72(2) of the Enterprise Act 2002 on Pulsant Group Holdings Limited and Pulsant Bidco Limited in relation to the completed acquisition by Pulsant Bidco Limited of Onyx Information Technology Holdings Limited.

• Initial enforcement order (22.7.16)

Amendments/consents granted

• Derogation 18 October 2016 (19.10.16)
• Derogation 6 September 2016 (8.9.16)
• Derogation 12 August 2016 (18.8.16)

Contact

[email protected]

Published 22 July 2016
Last updated 18 January 2017 + show all updates

1. 18 January 2017

   Full text of the decision published.

2. 9 December 2016

   Clearance decision announced.

3. 17 November 2016

   Revocation order published.

4. 9 November 2016

   Launch of CMA merger inquiry.

5. 24 October 2016

   Invitation to comment issued.

6. 19 October 2016

   Derogation published.

7. 8 September 2016

   Derogation published.

8. 18 August 2016

   Derogation published.

9. 22 July 2016

   First published.