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CMA refers Cygnet/Cambian merger for in-depth investigation

Cygnet바카라 사이트™s merger with the Cambian adult services division of Cambian Group plc has been referred for an in-depth investigation.

A therapy session

On 21 April, the Competition and Markets Authority (CMA) said that it would refer the merger for an in-depth investigation, called a phase 2 investigation, unless Cygnet offered acceptable undertakings to address competition concerns.

Cygnet has not offered any undertakings and the CMA will therefore now refer the merger.

The CMA바카라 사이트™s initial investigation identified competition concerns in relation to the provision of rehabilitation services to patients suffering from long-term mental health issues in 8 areas, and patients suffering from personality disorder in 4 areas.

A decision on the merger will be made by a group of independent panel members supported by a team of CMA staff. The deadline for the final report will be 17 October 2017.

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Published 3 May 2017