Torex Retail plc / Anker plc / XN Checkout Holdings plc

OFT closed case: Proposed acquisition by Torex Retail plc of Anker plc and XN Checkout Holdings plc.

• From: Competition and Markets Authority
• Published: 22 August 2005

• Case type: Mergers
• Case state: Closed
• Market sector: Electronics
• Outcome: Mergers - phase 1 found not to qualify
• Closed: 22 August 2005

Affected market: Retail software systems

No. ME/1884/05

On the basis of the information available to it, the Office of Fair Trading has decided that the proposed acquisitions by Torex Retail plc of Anker plc and XN Checkout Holdings plc do not qualify for investigation under the mergers provisions of the Enterprise Act 2002 (the Act), 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 22 August 2005