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The Merger Reference (Medicopharma NV and AAH Holdings plc) Order 1991
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- UK Statutory Instruments
- 1991 No. 2648
- Explanatory Note
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Explanatory Note
(This note is not part of the Order)
AAH Holdings plc and its subsidiaries are prohibited by this Order from acquiring assets of Medicopharma NV or its subsidiaries and from soliciting custom from Medicopharma’s (or its subsidiaries') former customers in the United Kingdom. They are required to maintain the value of the assets which they have already acquired and to keep them seperate so that they could be disposed of.
The merger between AAH and former businesses of Medicopharma has been referred to the Monopolies and Mergers Commission.
The Order, unless perviously revoked, will cease to have effect—
(a)40 days after the Commission’s report is laid before Parliament, or
(b)on the failure of the Commission to report within the period allowed.
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