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Birmingham Post
Birmingham Post
Business
Jon Robinson

New evidence eases competition concerns over completed deal

New evidence have eased competition concerns over the completed acquisition of a Lancashire vehicle salvage and recycling firm.

The Competition and Markets Authority (CMA) said the new findings have led it to provisionally conclude that the deal, which saw Copart buy Hills Motors, would not lead to competition concerns.

The news comes after the watchdog said the opposite in May. The CMA had also previously raised concerns over the deal in November last year.

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