Pinewood deal investigated by OFT

Peel Holding’s proposed takeover of Pinewood Studios will be investigated by the Office of Fair Trading.

The OFT has launched an investigation into the proposed acquisition, reports the FT. It relates to market share in the provision of studio facilities. Peel also owns MediaCityUK in Salford, the new home for the BBC and ITV.

The OFT will make a decision on June 21.

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