Areva / Unreco Ltd

OFT closed case: Anticipated creation of a joint venture between Areva and Unreco Limited.

• From: Competition and Markets Authority
• Published: 20 February 2004

• Case type: Mergers
• Case state: Closed
• Market sector: Chemicals
• Outcome: Mergers - phase 1 found not to qualify
• Closed: 20 February 2004

Affected market: Uranium enrichment

No. ME/1586/04

On the basis of the information available to it, the OFT has decided that the anticipated creation of a joint venture between Areva and Urenco Limited does not qualify for investigation under the mergers provisions of the Enterprise Act 2002, because neither the UK turnover test nor the share of supply test in section 23 of the Act is met.  A relevant merger situation has, therefore, not been created.

 

Published 20 February 2004