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Unwinding of Vanilla, Washstation merger 'effective' and 'proportionate,' CMA says

( October 11, 2018, 11:28 GMT | Official Statement) -- MLex Summary: The forced unwinding of Vanilla's completed acquisition of Washstation is the only "effective" and "proportionate" remedy for likely competition harm caused by the student laundry-services merger, the Competition and Markets Authority said today. Its final decision on the deal confirms its earlier provisional view in August, following an in-depth antitrust investigation, that the merger should be scrapped.Statement follows. Summary of report attached....

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