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OFT reviews potential Aggreko and Atlas Copco deal

The Office of Fair Trading is reviewing the possible acquisition of the air compressor rental business of hire specialist Aggreko by Atlas Copco Kolfor.

A regulatory announcement to the London Stock Exchange invited comments on the anticipated acquisition.

The announcement said: “The Office of Fair Trading is considering whether arrangements are in progress or in contemplation which, if carried into effect, will result in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002.

“Should it be found to be a relevant merger situation, the OFT will further consider whether the creation of that situation may be expected to result in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services that warrants reference to the Competition Commission for investigation and report.”

Written representations about any competition or public interest issues should be sent to: Pat Fraser, Office of Fair Trading, Fleetbank House, 2-6 Salisbury Square, London EC4Y 8JX or by email to: pat.fraser@oft.gsi.gov.uk