Ensco / Rowan merger inquiry

The CMA investigated and cleared the anticipated merger of Ensco plc and Rowan Companies plc.

• From: Competition and Markets Authority
• Published: 8 January 2019
• Last updated: 14 March 2019 — See all updates

• Case type: Mergers
• Case state: Closed
• Market sector: Oil and gas refining and petrochemicals
• Outcome: Mergers - phase 1 clearance
• Opened: 8 January 2019
• Closed: 13 March 2019

Statutory timetable

Phase 1 date	Action
14 March 2019	Decision published
15 February 2019	Decision announced
8 January to 22 January 2019	Invitation to comment
8 January 2019	Launch of merger inquiry

Phase 1

CMA clearance decision

15 February 2019: The CMA has cleared the anticipated merger of Ensco plc and Rowan Companies plc.

• Full text decision (14.3.19)

Launch of merger inquiry

8 January 2019: The CMA announced the launch of its merger inquiry by notice to the parties.

• Commencement of initial period notice (8.1.19)

Invitation to comment: Now closed

8 January 2019: 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.

Contact

Please send written representations about any competition issues to:

mergersupportteam@cma.gov.uk

Published 8 January 2019
Last updated 14 March 2019 + show all updates

1. 14 March 2019

   Following February's announcement, the full text decision is now published.

2. 15 February 2019

   Clearance decision announced.

3. 8 January 2019

   First published.