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  • by Karma Loveday

CMA to announce whether Pennon/SES merger warrants a Phase 2 investigation by May

The Competition and Markets Authority (CMA) has formally launched its merger inquiry into Pennon Group’s takeover of SES Water. 

The watchdog confirmed it has sufficient information to enable it to begin an investigation for the purposes of deciding whether to make a reference for a Phase 2 investigation in connection with its duty under the Water Industry Act 1991.

The deadline for the CMA to announce whether there will be a phase 2 referral is 7 May 2024.


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