Nexfibre contests CMA ruling on £2bn Netomnia acquisition

<p>Nexfibre has formally rejected the findings of the UK's Competition and Markets Authority (CMA) regarding its planned £2 billion acquisition of Netomnia. The company has characterized the regulator's verdict as “fundamentally flawed.”</p><p>As part of its response to the regulatory review, Nexfibre has confirmed that it will not offer any remedies to the CMA to address the competition concerns raised by the authority. The acquisition, which involves significant investment in digital infrastructure, remains subject to regulatory scrutiny.</p>

Source: Data Center Dynamics
Original article: https://www.datacenterdynamics.com/en/news/nexfibre-rejects-fundamentally-flawed-cma-verdict-on-2bn-netomnia-acquisition/