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    Home > Finance > UK regulator decides against in-depth probe of Topps Tiles-CTD Tiles deal
    Finance

    UK regulator decides against in-depth probe of Topps Tiles-CTD Tiles deal

    Published by Global Banking & Finance Review®

    Posted on April 24, 2025

    1 min read

    Last updated: January 24, 2026

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    Quick Summary

    The UK competition regulator will not conduct an in-depth probe into Topps Tiles' £9M acquisition of CTD Tiles after accepting proposed remedies.

    UK Regulator Clears Topps Tiles' Acquisition of CTD Tiles

    Britain's competition regulator said on Thursday it would not refer Topps Tiles' 9-million-pound ($12 million) acquisition of CTD Tiles to an in-depth investigation after it accepted remedies proposed by the companies.

    (Reporting by Shashwat Awasthi in Bengaluru; Editing by Eileen Soreng)

    Key Takeaways

    • •Topps Tiles acquires CTD Tiles for £9 million.
    • •UK regulator accepts proposed remedies, avoiding further investigation.
    • •The deal is valued at approximately $12 million.
    • •The decision was announced by the UK competition authority.
    • •The acquisition impacts the UK tile market.

    Frequently Asked Questions about UK regulator decides against in-depth probe of Topps Tiles-CTD Tiles deal

    1What is the main topic?

    The main topic is the UK regulator's decision not to conduct an in-depth investigation into Topps Tiles' acquisition of CTD Tiles.

    2What was the value of the acquisition?

    The acquisition was valued at 9 million pounds, approximately $12 million.

    3Why was an in-depth probe avoided?

    An in-depth probe was avoided because the UK regulator accepted the remedies proposed by the companies involved.

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