Stocks in play: Dye & Durham Limited

Provided the following statement in response to the United Kingdom's Competition and Markets Authority ("CMA") Final Report following its review of Dye & Durham's acquisition of TM Group (UK) Limited ("TMG"): The CMA has found that Dye & Durham's acquisition of TMG, which closed in July 2021, would substantially lessen competition in the supply of property search report bundles in England and Wales. The CMA also asserts that the only effective way to address the issues it has identified would be for Dye & Durham to sell the entirety of TMG to a third party. Dye & Durham Limited shares T.DND are trading up $0.77 at $19.60.

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