Competition probe launched into Bouygues takeover of Equans

The Competition and Markets Authority has launched an investigation into Bouygues’ planned acquisition of the Equans services arm of fellow French-owned energy giant Engie for €7.1bn.
Both operate substantial businesses in the UK and the deal, which is expected to be completed leter this year, would create a major energy services operation employing over 16,000 staff.
The investigation is at a preliminary stage where the CMA is calling for comments from the interested industry compani