RBSPTL/UTA/PHOENIX
Transaction details
The proposed acquisition of Phoenix Natural Gas Limited (Phoenix) by RBS Pension Trustee Limited (RBSPTL) and Utilities Trust of Australia (UTA) has been cleared by the Competition Authority.
Case details
- Notification date:12 August 2013
- Publication date:12 August 2013
- Economic sector:Supply of electricity, gas & other - D
- Economic sub-sector:Energy & air conditioning supply - D.35
- Outcome:Cleared
Documents
M.13.023 DeterminationPDF | 87 KBM.13.023 Determination PDF | 87 KB - Opens in new window
Timetable
Parties Involved
RBS Pension Trustee Limited
RBSPTL is the corporate trustee of the Royal Bank of Scotland Group Pension Fund (RBSGPF) which is UK Pension scheme. RBSPTL is ultimately controlled by the Royal Bank of Scotland Group plc (RBS). RBS is a UK-based banking and financial services company.
Utilities Trust of Australia
UTA is an open-ended unit trust seeking to provide institutional investors with consistent returns by taking influential positions in global infrastructure projects.
Phoenix Natural Gas Limited
Phoenix is a natural gas distribution and gas service business in Northern Ireland only.
Contacts
