HMV made to wait on takeover decision

HMV was today frustrated in its efforts for a quick ruling on whether its £96.4m (€142.7m) offer for Ottakar’s damages competition in the market for books.

The owner of the Waterstone’s chain has been told by the UK's Office of Fair Trading (OFT) that it will not make a decision on whether to refer the deal to the Competition Commission before December 2.