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UK watchdog investigates Global Payments’ $24 billion purchase of Worldpay

The CMA has set a deadline of November 11 to reach its Phase 1 decision

International News via Reuters:

Britain’s Competition and Markets Authority (CMA) on Tuesday launched a merger inquiry into Global Payments’ $24.25 billion acquisition of Worldpay assessing whether the deal could potentially lessen competition in UK markets.

The CMA has set a deadline of November 11 to reach its Phase 1 decision.

Reporting by Ankita Bora in Bengaluru

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