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FTE Forte Energy

0.0029
0.00 (0.00%)
16 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Forte Energy LSE:FTE London Ordinary Share AU000000FTE4 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0029 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Merger Update

28/10/2005 12:16pm

UK Regulatory


RNS Number:2997T
Office of Fair Trading
28 October 2005

Merger Update:


The OFT is currently reviewing the following undertakings given under the Fair
Trading Act 1973.  The undertakings were given to address competition concerns
arising in respect of particular merger situations:



Undertakings given to the Secretary of State for Trade and Industry by France
Telecom SA on 10 May 2000 pursuant to section 75G(1) of the Fair Trading Act
1973 in relation to its acquisition of interests in NTL Incorporated.


Undertakings given to the Secretary of State for Trade and Industry by Kemira Oy
on 9 December 1991 pursuant to section 88(2) of the Fair Trading Act 1973
following a report of the Monopolies and Mergers Commission entitled "Kemira Oy
and Imperial Chemical Industries PLC: a report on the proposed merger" (Cm 1406)
published on 23 January 1991.


The OFT is examining whether changes and developments in both the market and the
businesses concerned (for instance if a company is no longer trading in a
particular sector) mean that the undertakings can be removed varied, or
superseded.



The OFT is currently minded to recommend that the Secretary of State release
these parties from these undertakings.  However, before reaching any final
decision, interested parties are invited to give their views to the OFT.



Representations should be made in writing by 4 November 2005 to David
Blocksidge, Mergers Branch, Office of Fair Trading, Fleetbank House, 2-6
Salisbury Square, London, EC4Y 8JX.

Mergers Branch

                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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