Loxam cleared for UK Platforms takeover
The UK’s Competition and Markets Authority (CMA) has given Loxam the all-clear for its Nationwide Platforms business to complete the acquisition of UK Platforms from HSS Hire.
The deal, worth £60.5 million is now likely to be completed early in the new year. The CMA issued a formal notice launching an inquiry into the planned takeover in early November, See Nationwide UK Platforms inquiry
while the deal itself was finalise in July See Nationwide acquires UK Platforms