Serato and AlphaTheta have 'abandoned' deal – UK regulator

Serato and AlphaTheta have 'abandoned' deal – UK regulator
This deal is over, we'll never found out what it would have meant (Image: Serato)
Rebecca Howard
The United Kingdom's Competition and Markets Authority has announced that AlphaTheta and Serato have abandoned their proposed deal. The Competition and Markets Authority (CMA) said in a notice of cancellation of inquiry that it "has received written assurances from the parties that the proposed merger between ATC and Serato has been abandoned".Serato did not immediately respond to a request for comment Wednesday but had previously said it was considering all options.'Abandon the deal'In mid-2023, Serato anno...

More Retail

Warehouse share trading complaint filed
Retail

Warehouse share trading complaint filed

The Warehouse had confirmed a buyout proposal had been lodged.

Stephen Tindall supports Warehouse takeover offer
Retail

Stephen Tindall supports Warehouse takeover offer

Bid from Australian private equity firm values shares at between $1.50 and $1.70.

The Warehouse founder Stephen Tindall in PE takeover play
Retail

The Warehouse founder Stephen Tindall in PE takeover play

Struggling retailer tells shareholders don't sell.

Michael Hill International forecasts sharply lower earnings
Retail

Michael Hill International forecasts sharply lower earnings

The middle of the forecast range is a 75% drop year-on-year. 

Gregor Thompson 19 Jul 2024