Mekonomen: Norwegian Competition Authority to Continue Investigation into Mekonomen’s Acquisition of Meca
January 16 2012 - 11:41AM
Business Wire
Regulatory News:
Mekonomen (STO:MEKOB):
The Norwegian Competition Authority has decided to continue its
investigation into Mekonomen’s acquisition of the automotive
spare-parts chain, Meca. On 12 October 2011, Mekonomen signed an
agreement to acquire Meca, which is a well-known automotive
spare-parts chain with a solid position in Sweden and Norway.
The Competition Authority’s decision means that more time is
required to evaluate the transaction, but does not mean that a
decision has been made on the issue. Mekonomen has initiated a
dialogue with the Competition Authority to clarify what additional
information is required in order to make a decision on the
issue.
Mekonomen AB (publ), Corp. Reg. No. 556392-1971 Box
6077, SE-141 06 Kungens Kurva, Sweden Tel: +46 (0)8-464
00 00, Fax:+46 (0)8-464 00 66
The information in this press release is such that Mekonomen is
obligated to publish in accordance with the Securities Market Act.
The information was submitted for publication on 16 January
2012.
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