Nasdaq, Inc. / Cinnober Financial Technology AB merger inquiry

The CMA is investigating the proposed acquisition by Nasdaq Technology AB, a wholly-owned subsidiary of Nasdaq, Inc., of Cinnober Financial Technology AB.

Statutory timetable

Phase 1 date Action
7 February 2019 Decision published
31 January 2019 Decision announced
10 December 2018 Launch of merger Inquiry
23 November to 7 December 2018 Invitation to comment

Phase 1

CMA clearance decision

31 January 2019: The CMA has cleared the anticipated acquisition by Nasdaq Technology AB, a wholly-owned subsidiary of Nasdaq, Inc., of Cinnober Financial Technology AB.

Launch of merger inquiry

10 December 2018: The CMA announced the launch of its merger inquiry by notice to the parties.

Invitation to comment: now closed

23 November 2018: 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.

Contact

Please send written representations about any competition issues to:

mergersupportteam@cma.gov.uk

Updates to this page

Published 23 November 2018
Last updated 31 January 2019 + show all updates
  1. Phase 1 clearance decision announced.

  2. First published.