Merger Update
May 22 2003 - 11:00AM
UK Regulatory
RNS Number:4481L
Office of Fair Trading
22 May 2003
"INVITATION TO COMMENT"
Proposed acquisition by Brit Insurance Holdings Plc of Pri Group Plc
The Office of Fair Trading is considering whether the above acquisition
qualifies for investigation under the merger provisions of the Fair Trading Act
1973. Should it be found to qualify, the OFT will consider it further with a
view to advising the Secretary of State for Trade and Industry under section 76
(1) of the Act as to whether or not the merger should be referred to the
Competition Commission for investigation and report.
Affected Sector: financial services - insurance
Please send written representations about any competition or public interest
implications to:
Mr A Tait
Office of Fair Trading
Fleetbank House
2-6 Salisbury Square
London EC4Y 8JX
FAX: 020-7211-8916
to arrive by 5 June 2003.
This information is provided by RNS
The company news service from the London Stock Exchange
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