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CC deepens inquiry into IBS OPENSystems/Capita Group acquisition

The Competition Commission has today published an issues statement as part of its inquiry into the completed acquisition of IBS OPENSystems by Capita Group.

In its inquiry, the CC has been asked to decide whether the merger has resulted or may be expected to result in a lessening of competition within the market, and if so, suggest appropriate remedies for the takeover.

The CC has stressed that “the issues statement should not be seen as implying that the inquiry group has identified any competition concerns, the Group has yet to reach any conclusions on this inquiry”.

All interested parties are now invited to send their comments to the CC about the acquisition by January 12, 2009.

The statutory deadline for publication of the CC’s report is May 5, 2009.


Dawn of the un-lender

The political debate continues to hot up on what to do with the rapidly deteriorating housing market. The Government upped the ante recently with mortgage interest relief for the unemployed.

Fund companies set for consolidation

Ignis Asset Management sales and marketing director Jonathan Polin believes that a wave of consolidation will hit the asset management sector next year, with listed firms the most exposed.

Spring has sprung

Well, it’s been lovely to see a little bit of sunshine, even if it was only a brief appearance. I live in Scotland so, believe me, it was very brief.  Of course, with even the tiniest hint of spring, thoughts turn to the inevitable clearout that must take place.  And that got me to thinking […]


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