Office of Fair Trading clears DCC and BP deal
The UK Office of Fair Trading (OFT) has given the green light to DCC in the acquisition of BP's liquefied petroleum gas (LPG) business in Britain.
The UK Office of Fair Trading (OFT) has given the green light to DCC in the acquisition of BP's liquefied petroleum gas (LPG) business in Britain.
DCC - a sales, marketing, distribution and business support services group - said on Friday it was now able to integrate the BP business with its existing LPG distribution business in Britain, Flogas.
The acquisition was completed on September 30th but at the time was still in dealings with the OFT over whether the BP business would be held separate from Flogas.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Shares were trading 1.66% higher to €24.85 at 15:34.
RD
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
Side hustle tax changes: HMRC reforms could save thousands from filing self-assessment tax returns
The government plans to raise the tax-free threshold for trading income – here is how it could help your side hustle
By Marc Shoffman Published
-
Return to the office: is working from home coming to an end?
More and more employers want their staff to return to the office. Is it a good idea?
By David Prosser Published