Johnson refers proposed acquisition by Vivendi Water of First Aqua to Competition Commission.

0 Comments | M2 Presswire, May, 2002

M2 PRESSWIRE-24 May 2002-UK Government: Johnson refers proposed acquisition by Vivendi Water of First Aqua to Competition Commission (C)1994-2002 M2 COMMUNICATIONS LTD RDATE:05242002 Melanie Johnson, Minister for Competition, Consumers and Markets, has referred to the Competition Commission (CC) the proposed acquisition by Vivendi Water UK plc of an interest in First Aqua (JVCo) Limited.

The reference was made in accordance with the advice of the Director General of Fair Trading. He advised that the merger meets the criteria for reference set out in the Fair Trading Act 1973 ("the FTA") and the Water Industry Act 1991. The Commission will investigate and report under the FTA by 23 September 2002. Notes For Editors 1. On 7 May 2002 Vivendi Water...