(Reuters) -Britain’s Competition and Markets Authority (CMA) on Tuesday launched a merger inquiry into Global Payments’ $24.25 billion acquisition of Worldpay assessing whether the deal could potentially lessen competition in UK markets. The CMA has set a deadline of November 11 to reach its Phase 1 decision. (Reporting by Ankita Bora in Bengaluru)
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UK watchdog investigates Global Payments’ $24 billion purchase of Worldpay
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(Reuters) -Britain’s Competition and Markets Authority (CMA) on Tuesday launched a merger inquiry into Global Payments’ $24.25 billion acquisition of Worldpay assessing whether the deal could potentially lessen competition in UK markets.
The CMA has set a deadline of November 11 to reach its Phase 1 decision.
(Reporting by Ankita Bora in Bengaluru)