Markerstudy gets CMA greenlight to complete £1.2bn Atlanta deal
The Competition & Markets Authority has cleared Markerstudy to pursue its proposed £1.2bn acquisition of Ardonagh-owned personal lines broking arm Atlanta.
The move follows a ‘phase one’ investigation which was launched at the end of January to determine whether the merger would result “in a realistic prospect of substantial lessening of competition”.
RelatedMarkerstudy to merge with Atlanta Group in £1.2bn dealMarkerstudy has today confirmed plans to merge with Ardonagh’s personal lines broking business Atlanta Group, in a deal that creates a business that transacts £3bn of GWP annually and employs 7300 people.
The CMA invited comment from the 30
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