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40/02
24 July 2002
BIDVEST PLC/BRAKE BROS PLC
REFERENCE LAID ASIDE
The Competition Commission has laid aside the reference
concerning the proposed acquisition by Bidvest PLC of Brake Bros PLC
The reference was made to the Competition Commission
on 27 June 2002 by Melanie Johnson, Competition Minister.
The Commission has concluded that Bidvest has, within
the terms of section 75(5) of the Fair Trading Act 1973, abandoned the
proposal to make arrangements for the acquisition. The Commission has
accordingly, with the consent of the Minister, laid the reference aside.
Notes to Editors
- The reference was made by Melanie Johnson, Competition Minister, on
27 June 2002 (see DTI News Release P/2002/408). It has been laid aside
in accordance with the provisions of section 75(5) of the Fair Trading
Act 1973.
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