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OFT clears Diamond Bus-FirstGroup deal

By BFN News | 04:26 PM | Friday 23 August, 2013


The Office of Fair Trading has cleared the completed acquisition by the Diamond Bus Co of the bus business of FirstGroup in Redditch and Kidderminster. The OFT has decided on the on the information currently available, not to refer the merger to the Competition Commission under the provisions of the Enterprise Act 2002. The text of this decision will be placed on the Office of Fair Trading's website at www.oft.gov.uk as soon as is reasonably practicable. At 4:26pm: (LON:FGP) FirstGroup share price was +1.8p at 117.5p (LON:ROL) share price was 0p at 46.5p Story provided by StockMarketWire.com

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