I am reminded of a pithy expression by ‘Winkle’ Brown in some TV prog – ”Suddenly, the brakes came on ! ”
The merger/take-over is not a done deal.
(d) the nature, description, range and quality of goods and/or services
supplied in the UK by each of the two businesses are maintained and
preserved
(e) except in the ordinary course of business for the separate operation of the
two businesses:
(i) all of the assets of the Kelsey Publishing business and the Mr. Repro
business are maintained and preserved, including facilities and
goodwill
(ii) none of the assets of the Kelsey Publishing business or the Mr.
Repro business are disposed of, and
(iii) no interest in the assets of the Kelsey Publishing business or the Mr.
Repro business is created or disposed of
(f) there is no integration of the information technology of the Kelsey
Publishing or Mr. Repro businesses, and the software and hardware
platforms of the Kelsey Publishing business shall remain essentially
unchanged, except for routine changes and maintenance
(g) the customer and supplier lists of the two businesses shall be operated
and updated separately and any negotiations with any existing or potential
customers and suppliers in relation to the Kelsey Publishing business will
be carried out by the Kelsey Publishing business alone and for the
avoidance of doubt the Mr. Repro business will not negotiate on behalf of
the Kelsey Publishing business (and vice versa) or enter into any joint
agreements with the Kelsey Publishing business (and vice versa)
(h) all existing contracts of the Kelsey Publishing business and the Mr. Repro
business continue to be serviced by the business to which they were
awarded
(i) no changes are made to key staff of the Kelsey Publishing business or Mr.
Repro business
(j) no key staff are transferred between the Kelsey Publishing business and
the Mr. Repro business
(k) all reasonable steps are taken to encourage all key staff to remain
https://assets.digital.cabinet-office.gov.uk/media/5453a679ed915d137d000015/Key_Kelsey_initial_enforcement_order.pdf
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