The UK’s competition regulator has announced it has opened an investigation into the proposed acquisition of Farelogix by Sabre.
The $360 million acquisition was initially expected to close in late 2018 or early 2019 but had been delayed with the deal subject to regulator approval in the US.
The Competition and Markets Authority this morning announced it had opened an investigation yesterday into “the anticipated acquisition by Sabre Holdings Corporation of Farelogix Inc”.
No deadlines for the merger inquiry or a decision was set.
Sabre’s decision to buy Farelogix and integrate its technology was prompted by the emerging New Distribution Capability standard being developed by global airline body Iata.
Farelogix’s technology was the original source of the NDC standard and the move by Sabre was seen as a way for the leading US GDS to leap ahead of rivals in rolling out new distribution capabilities.
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