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Evening Standard
Evening Standard
Technology
Henry Saker-Clark

Competition watchdog to fast-track review into £2bn Netomnia deal

The project has delivered improved broadband connections (Alamy/PA) -

The UK competition watchdog has said it will fast-track a review into a potential in-depth investigation into Nexfibre’s proposed £2 billion takeover of rival Substantial Group.

Nexfibre, a joint venture including Liberty Global, Telefonica and private equity firm InfraVia, struck the deal to buy the alternative fibre firm, which runs the Netomnia brand, in February.

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