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Brookfield & Cameco / Westinghouse merger inquiry

Competition Markets Authority

November 3
12:49 2023

Statutory timetable

Phase 1 Action
3 November 2023 Decision announced
14 September 2023 Launch of merger inquiry
2 August 2023 to 23 August 2023 Invitation to comment

Phase 1

CMA Clearance decision

3 November 2023: The CMA has cleared the anticipated joint venture by Cameco Corporation and Brookfield Corporation to acquire Westinghouse Electric Company. The full text of the clearance decision will be published in due course.

Launch of merger inquiry

14 September 2023: The CMA announced the launch of its merger inquiry by notice to the parties.

Invitation to comment: closed on 23 August 2023

2 August 2023: The Competition and Markets Authority (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.

To assist it with this assessment, the CMA invites comments on the transaction from any interested party.

These comments should be provided by the deadline set out above.

Contact

Please send written representations about any competition or public interest to:

Published 2 August 2023
Last updated 3 November 2023 +show all updates
  1. Clearance decision published

  2. Commencement notice published

  3. First published.

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