Anglo American /Tarmac: Kim Howells launches consultation on draft undertakings

United Kingdom

Kim Howells announced on 8th February that he intended to refer the proposed acquisition of Tarmac plc by Anglo American plc to the Competition Commission unless suitable undertakings in relation to the supply of aggregates, asphalt, ready mixed concrete and mortar were obtained from Anglo American. His decision is in accordance with the advice of the DGFT.

A draft text of the undertakings has been published.

(DTI Press Release P/00/85)