Commission authorises acquisition of UK Royal Mail's IT division by Computer Sciences Corporation
The European Commission has approved the acquisition of sole control over RM Business Systems Limited the IT division of UK postal operator Royal Mail Group plc – by the US-based IT services provider Computer Sciences Corporation (CSC). The Commission has concluded that no competition concerns arise from the transaction Royal Mail has decided to outsource its IT services to CSS. Previously, its former RM Business Systems Division (RM-BSD) provided these services to Royal Mail. The approved transaction is part of the agreement entered into by CSC and Royal Mail Group, according to which the latter will outsource to CSC it’s IT services.
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