August 9, 2024
The Jersey Competition Regulatory Authority (JCRA) issued a notice of application for approval of a transaction regarding the sale of 22% of the shares in Condor to Brittany Ferries, with the option to buy 100% of the shares at a later date.
Brittany Ferries (B.A.I. Bretagne Angleterre Irlande) already has a 29% stake in Condor. If the deal is approved, it will take it to 51%.
Christophe Matthieu, Brittany Ferries’ CEO, is currently CEO ad interim at Condor Ferries.
The deadline for comments is 20 August 2024. Details can be found here: JCRA (pdf)
