Capco / Shaftesbury merger inquiry

The CMA is investigating the merger between Capital & Counties Properties PLC and Shaftesbury PLC.

Statutory timetable

Date Action
5 April 2023 Decision published
22 February 2023 Decision announced
23 December 2022 Launch of merger inquiry
15 November 2022 to 2 December 2022 Invitation to comment

Phase 1

CMA Clearance decision

22 February 2023: The CMA has cleared the merger between Capital & Counties Properties PLC and Shaftesbury PLC.

Launch of merger inquiry

23 December 2022: the CMA announced the launch of its merger inquiry by notice to the parties.

Invitation to comment: closed

15 November 2022: 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 general.enquiries@cma.gov.uk.

Updates to this page

Published 15 November 2022
Last updated 5 April 2023 + show all updates
  1. Full text decision published.

  2. Clearance decision announced.

  3. Launch of merger inquiry published.

  4. First published.