Published by Global Banking and Finance Review
Posted on January 15, 2026

Published by Global Banking and Finance Review
Posted on January 15, 2026

Jan 15 (Reuters) - Britain's competition watchdog ordered U.S.-based food service and facilities provider Aramark to sell offshore catering firm Entier on Thursday, after an investigation found the merger would substantially harm competition for services to North Sea oil and gas platforms.
(Reporting by Yamini Kalia in Bengaluru; Editing by Krishna Chandra Eluri)
A merger is a business combination where two companies join to form a single entity, typically to enhance competitiveness, expand market reach, or achieve synergies.
Divestment refers to the process of selling off a subsidiary or business unit, often to streamline operations or comply with regulatory requirements.
The UK Competition Authority oversees market competition, ensuring that mergers and acquisitions do not harm consumer interests or reduce competition.
The North Sea oil and gas platforms are vital for energy production in the UK, contributing significantly to the economy and energy security.
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