Deal Snapshot
UK CMA PROBES SOLERA´S CLOSED ACQUISITION OF AUTO TECHNICAL INFORMATION PROVIDER AUTODATA
Friday 19 May 2017

The UK Competition and Markets Authority has decided that it is or may be the case that US-based automotive, home ownership and digital identity management software company Solera Holdings, Inc's closed acquisition of UK-based automotive technical information provider Autodata has resulted or may be expected to result in a substantial lessening of competition within a market or markets in the United Kingdom, the CMA said.
The CMA is therefore considering whether to accept an undertaking under section 73 of the Enterprise Act 2002 (the Act) in lieu of a reference. The parties have until 24 May 2017 to offer an undertaking that might be accepted by the CMA.


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Details
Date Published: 19/05/2017
Target: Autodata
Country: UK
Sector: Motor Vehicles
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: Solera Holdings
Comment:
UK CMA to consider undertakings

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