CC clears radio tie-up with conditions

Philippe Chappatte, counsel to Global Radio
The UK’s Competition Commission has approved the merger between Global Radio and GMG Radio but only if divestments are made.

DoJ clears cinema deal with divestitures

Cinemark
The US Department of Justice has approved a merger between Cinemark and Rave Holdings after the companies agreed to sell off cinemas in three states to calm concerns the deal would harm competition.

Actavis and Warner Chilcott announce pharma tie-up

Michael Egge
Actavis has announced plans to acquire specialty pharmaceutical company Warner Chilcott for US$8.5 billion. 

Canada to challenge real estate board ruling

John Pecman, acting head of the bureau
Canada’s Competition Bureau says it will appeal against a decision from the country’s specialist competition court after it dismissed a high-profile monopolisation case and suggested that bureau officials brought the challenge under the wrong section of Canada’s antitrust law.

Finland: Enforcer conditionally clears PPO-Yhtiöt/Elisa

Niko Hukkinen
Niko Hukkinen and Sari Rasinkangas Roschier

DG Comp clears aluminium extrusion deal

DG Comp
The European Commission has approved a joint venture between two of Europe’s largest soft-alloy aluminium extrusion suppliers, subject to conditions.

Constellation was key to beer deal, Hesse says

Renata Hesse
The complex structural fix that allowed AB-InBev to close its US$20 billion purchase of Grupo Modelo was fuelled by questions about whether the purchaser of the divested assets could survive in the beer market, a senior US Department of Justice official said yesterday.

Mergers remain steady at the US agencies

The FTC challenged more deals than the DoJ
The number of mergers requiring a second request and in-depth investigation from the US antitrust agencies dropped by more than 10 per cent between 2011 and 2012 on a nearly identical number of deals, according to merger statistics released this week.

OFT sends cinema deal to CC

Howard Cartlidge, counsel to Cineworld
The UK’s Office of Fair Trading has referred a completed merger between two leading cinema chains to the Competition Commission.

Georgia-Pacific and Buckeye plan packaging tie-up

Georgia-Pacific manufacturers tissue, pulp and paper products
Paper company Georgia-Pacific has announced plans to buy Buckeye Technologies for US$1.5 billion.

ADM and GrainCorp to merge

GrainCorp silos at Tabbita, New South Wales
Archer Daniels Midland (ADM), an American crop company, is buying GrainCorp, an Australian grain processor, for A$3.4 billion.

Brazil approves retail merger with conditions

Barbara Rosenberg represented Via Verejo
Brazil’s Council for Economic Defence (CADE) has approved a merger between appliance chains Ponto Frio and Casas Bahia, creating the country’s largest retail company.

Timing the key issue in multijurisdictional merger reviews

A lack of international coordination on the time and length of merger reviews is one of the greatest challenges for companies completing multijurisdictional tie-ups, delegates said in a panel discussion today. Faaez Samadi in Warsaw

Greek airline tie-up examined again

Aegean Airlines
DG Comp has opened an in-depth investigation of Aegean Airlines’ proposed acquisition of rival Olympic Air – just 15 months after blocking a previous merger between the companies.

China clears grain merger with conditions

China is the world's largest importer of soy beans
China’s Ministry of Commerce has approved Japanese trading house Marubeni’s US$5.6 billion takeover of US grain trader Gavilon with a hold-separate condition.

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