Press Release: Mergers: Commission approves proposed acquisition of the UK hotel operator Kew Green by Bank of Scotland and Barclays Bank

The European Commission has cleared under the EU Merger Regulation the proposed acquisition of joint control of Kew Green Hotels Limited (Kew Green) by Bank of Scotland plc, ultimately controlled by Lloyds Banking Group plc (LBG) and Barclays Bank plc (Barclays), all of the UK. After examining the operation, the Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.