UK’s CMA said last week it had asked ICE to address competition concerns
Exchange’s $650 million acquisition of energy
platform Trayport has been referred for an in-depth
investigation by the UK’s Competition and Markets
Authority (CMA), kicking off a 24-week probe into the deal.
A spokesperson for the body told FOW
Wednesday the merger is being referred for a full investigation
after the US exchange chose not to provide additional
information on the proposed takeover.
A spokesman for the CMA told FOW: "ICE
informed us that they would not be adding any information."
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