Venus Topco Limited / Atlanta Investment Holdings 3 Limited merger inquiry

The CMA is investigating the anticipated acquisition by Venus Topco Limited of Atlanta Investment Holdings 3 Limited.

• From: Competition and Markets Authority
• Published: 30 January 2024
• Last updated: 14 May 2024 — See all updates

• Case type: Mergers
• Case state: Closed
• Market sector: Financial services
• Opened: 30 January 2024
• Closed: 14 May 2024

Statutory timetable

Phase 1	Action
26 March 2024	Decision announced
30 January 2024 to 13 February 2024	Invitation to Comment
30 January 2024	Launch of merger inquiry

Phase 1

Clearance decision

26 March 2024: The CMA has cleared the anticipated acquisition by Venus Topco Limited of Atlanta Investment Holdings 3 Limited, and the acquisition by Tara TopCo Limited, via Ardonagh Rocket Investments Holdings Limited, of an interest in Venus Topco Limited and Saturn Holdings Limited.

• Full text decision (PDF 436KB) (14.5.24)

Launch of merger inquiry

30 January 2024: The CMA announced the launch of its merger inquiry by notice to the parties.

• Commencement notice (PDF, 92KB) (30.1.24)

Invitation to comment: closed

30 January 2024: The CMA is considering whether it is or may be the case that this transaction, if carried into effect, will result 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 may be expected to result in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.

Contact

Send written representations about any competition or public interest issues to [email protected]

Published 30 January 2024
Last updated 14 May 2024 + show all updates

1. 14 May 2024

   Full text decision published

2. 26 March 2024

   Merger cleared.

3. 30 January 2024

   First published.