CMA

CMA requires CHC to unwind Babcock Offshore deal

CMA requires CHC to unwind Babcock Offshore deal

1-Jun-2022Source: UK Government

This decision by the Competition and Markets Authority (CMA) follows an in-depth Phase 2 investigation into the deal. CHC provides offshore transport in the oil and gas sector, including taking workers to and from rigs in the UK North Sea. Prior to the merger, Babcock also provided these services. The CMA found that the parties... Read more

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