11.26.2018

Merger Inquiry Into Nasdaq’s Cinnober Deal

11.26.2018
Shanny Basar

The UK Competition and Markets Authority is investigating the proposed acquisition by Nasdaq Technology AB, a wholly-owned subsidiary of Nasdaq, Inc., of Cinnober Financial Technology AB.

Phase 1
Invitation to comment: closes 7 December 2018

23 November 2018: The Competition and Markets Authority (CMA) is considering whether it is or may be the case that this transaction, if carried into effect, will result in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation may be expected to result in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.

Contact
Please send written representations about any competition issues to:

Alex Hazell
Competition and Markets Authority
Victoria House
Southampton Row
London
WC1B 4AD

alex.hazell@cma.gov.uk

Source: CMA

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