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OFT to review TP

Published:  03 February, 2012

NORTHAMPTON: Travis Perkins has been informed by the Office of Fair Trading that it intends to review Travis Perkins' recent acquisition of the remaining 70% of Toolstation.

In a statement this morning, Travis Perkins revealed that while it intends to cooperate fully with any review, the company sees absolutely no basis for this notification and will be seeking clarification from the OFT at the earliest opportunity.