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Office of Fair Trade Merger Update

  Office of Fair Trade - Merger Update

RNS Number : 4413Q
Office of Fair Trading
06 November 2012




Invitation to Comment



Anticipated acquisition by Barclays of certain assets of ING Direct (including
the retail savings and residential mortgage business)



The Office of Fair Trading is considering whether arrangements are in progress
or in contemplation which, if carried into effect, will result in the creation
of a relevant merger situation under the merger provisions of the Enterprise
Act 2002 and, if so, whether the creation of that situation may be expected to
result in a substantial lessening of competition within any market or markets
in the United Kingdom.



Affected sector: Financial services



Please send written representations about any competition or public interest
issues to:



Rachel Graham

Office of Fair Trading

Fleetbank House

2-6 Salisbury Square

London EC4Y 8JX

Email: rachel.graham@oft.gsi.gov.uk

Fax: 020 7211 8916



to arrive by 20 November 2012.

                     This information is provided by RNS
           The company news service from the London Stock Exchange

END


MERFSSFFMFESELF -0- Nov/06/2012 12:00 GMT