# Bouygues and Equans resolve CMA concerns over HS2 catenary bidding

Bouygues and Equans have agreed to withdraw one of their bids for a £250 million HS2 catenary systems contract to resolve competition concerns raised by the CMA regarding their impending merger. An independent firm, Ingerop, will evaluate the bids to determine which remains.

- Type: Acquisition
- Announced: 2022-08-31
- Where: United Kingdom
- Value: $300.0M (250.0M GBP)
- Status: announced
- Products: catenary systems for HS2
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [EQUANS](https://endata.com/companies/7922.md) (target)
- [Bouygues](https://endata.com/companies/31106.md) (acquirer)
- [Ingerop](https://endata.com/companies/65035.md) (partner)

## Sources

- [theconstructionindex.co.uk](https://www.theconstructionindex.co.uk/news/view/bouygues-solution-satisfies-cma-over-hs2-bidding), 2022-08-31: "The CMA has accepted a proposal from Bouygues and Equans to resolve competition issues raised by their impending merger."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.