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Topps Tiles – now served a CMA “initial enforcement order” for argued “excellent fit” acquisition

By Steve Moore | Thursday 3 October 2024


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Topps Tiles (TPT) has announced that “the UK Competition and Markets Authority has now served an initial enforcement order… in relation to the CTD acquisition” and that it “is actively working with the CMA to ensure compliance with the IEO. A further announcement will be made in due course”. What about this and a currently down to 42.5p share price?
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