GovWire

Bestway Panacea Holdings Limited / Lexon UK Holdings and Asurex merger inquiry

Competition Markets Authority

April 17
13:00 2023

Statutory timetable

Date Action
TBC Deadline for phase 1 decision (*)
TBC Launch of merger inquiry (**)
14 April 2023 Initial enforcement order

*This date is the current statutory deadline by when the decision will be announced. If any change occurs, the information is refreshed as soon as practicable. However, the CMA cannot guarantee that the decision will be announced on or before this current deadline, as the deadline of a given case may change during the merger assessment process due to different reasons.

**The CMA has decided to investigate this transaction and has imposed an initial enforcement order. This case page will be updated when the CMA formally commences its phase 1 investigation.

Initial enforcement order

14 April 2023: The Competition and Markets Authority (CMA) has served an initial enforcement order under section 72(2) of the Enterprise Act 2002 on Bestway Healthcare Holdings Limited, Bestway Healthcare Finco Limited, Bestway Panacea Holdings Limited, Kericho Holding Limited, Lexon UK Holdings Limited, and Norchem Healthcare Limited. The IEO commenced on 14 April 2023, the day the Parties completed the transaction.

Contact

Please send written representations about any competition or public interest:

Lavinia de Havilland: Lavinia.deHavilland@cma.gov.uk

Published 17 April 2023

Recent Comments

Follow Us on Twitter

Share This


Enjoyed this? Why not share it with others if you've found it useful by using one of the tools below: