UK MERGER IMPACT
- From: Vol 8, Issue 3 (March 2007)
- Category: Need to know
- Region: Europe
- Country: United Kingdom
- Related Companies: Mid Kent Water and South East Water
* In early March, the UK Competition Commission published its provisional findings on the proposed merger of South East Water and Mid Kent Water.
The CC’s inquiry group found that the merger would likely have an adverse impact on the comparisons Ofwat makes using its operating expenditure models, though it was estimated that the impact would be small, in the order of £5 million for one review period. Among the three possible remedies put forward by the CC is a divestiture option, which ...
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