Britain's competition watchdog probes Iberdrola merger with NWEN
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The UK's Competition and Markets Authority is investigating the potential merger between Spain's Iberdrola and NWEN Ltd, assessing its impact on competition and pricing regulation in the energy sector.
January 29, 2025 | 7:45 am
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Iberdrola's potential merger with NWEN Ltd is under investigation by the UK's Competition and Markets Authority, which could affect competition and pricing in the energy sector.
The investigation by the UK's CMA into the merger could delay or alter the terms of the merger, impacting Iberdrola's strategic plans. However, the outcome is uncertain, leading to a neutral short-term impact on the stock.
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