In a statement released by the Competition and Markets Authority (CMA), Euro Car Parts must now 'sell a depot in each of these areas to a purchaser approved by CMA, so that customers don’t lose out'.
Andrew page
BREAKING: ECP/ANDREW PAGE CMA FINAL REPORT PUBLISHED
Nine branches to be 'divested' as part of the settlement agreed with CMA
CMA LATEST: CERTAIN ANDREW PAGE BRANCHES 'DAMAGE COMPETITION'
Provisional findings show that ten locations present a risk of 'damage to local competition' and will potentially be 'divested' to resolve CMA concerns
ECP – ANDREW PAGE LATEST: COMPETITION AUTHORITY DEADLINE TONIGHT
CMA says Euro Car Parts’ buyout of Andrew Page faces an ‘in-depth merger probe’, unless it offers 'acceptable ways of addressing competition concerns' by the end of today
BREAKING: TMD FRICTION REINSTATES ANDREW PAGE SUPPLY
Brake pad manufacturer to reinstate supply lines with factor chain
COMPETITION WATCHDOG TO INVESTIGATE ANDREW PAGE TAKEOVER
The Competition and Markets Authority is to probe the recent acquisition of Andrew Page by Euro Car Parts.
ECP PARENT ACQUIRES ANDREW PAGE NETWORK
Car parts giant buys struggling factor chain from administration in a pre-packaged deal.
ANDREW PAGE TAKEOVER: STATEMENT FROM ECP PARENT
Statement issued by the board of LKQ says it is 'committed to retaining all team members' joining from Andrew Page
BREAKING: ECP PARENT ACQUIRES ANDREW PAGE
Whole business, bar seven branches, sold to former rival for an undisclosed sum
ANDREW PAGE: STATEMENT FROM COMPANY
BREAKING: Andrew Page has issued the following statement in response to the earlier story.
"The management team of Andrew Page has been working with PwC to explore strategic options for the company, including a potential sale of the business. This process is near completion and the company expects to make an announcement soon.
As a precautionary measure the company filed a Notice of Intention to Appoint Administrators on September 22. This notice provides an initial period of up to 10 working days during which the team can focus on completing the sale process.