Deals

Aerospace deal takes flight in EU

Aerospace deal takes flight in EU

22 March 2019

The EU has approved Spirit’s acquisition of rival aerospace manufacturer Asco, conditional on a remedy that amends an existing joint venture to supply manufacturing services to Airbus.

Thai energy deal closes after earlier block

22 March 2019

Global Power Synergy Company is finally closing its acquisition of Glow Energy from French electric company Engie after Thailand’s energy regulator approved a required divestiture sale.

UK cashback merger collapses during Phase II probe

UK cashback merger collapses during Phase II probe

21 March 2019

The UK’s two major cashback websites have abandoned their proposed merger, two months into an in-depth review by the country’s Competition and Markets Authority.

ACCC allows dominant fuel storage company to expand

ACCC allows dominant fuel storage company to expand

21 March 2019

Australia’s competition watchdog has allowed a dominant underground gas storage company to purchase depleted gas reservoir assets because it is the only viable developer of the property.

Sainsbury’s and Asda try to save deal

Sainsbury’s and Asda try to save deal

19 March 2019

Two of the UK’s largest supermarkets have promised £1 billion in consumer savings and a cap on fuel prices as they scramble to save their proposed merger – while slamming errors in the analysis by the country’s competition watchdog.

China steps up gun-jumping enforcement

China steps up gun-jumping enforcement

13 March 2019

China’s antitrust watchdog has fined three companies €105,628 for failing to notify three separate transactions.

Knauf/USG faces uphill battle in New Zealand

Knauf/USG faces uphill battle in New Zealand

13 March 2019

New Zealand’s antitrust authority has said that Knauf’s acquisition of USG could harm competition for a type of ceiling that is widely used in the construction of non-residential buildings.

EU takes E.ON/Innogy asset swap to Phase II

EU takes E.ON/Innogy asset swap to Phase II

08 March 2019

The European Commission has launched an in-depth review into E.ON’s proposed acquisition of parts of German energy company Innogy, based on concerns that the deal could reduce competition in electricity and gas retail markets in several member states.

Grab/Uber highlights need for pre-merger power, Singapore enforcer says

Grab/Uber highlights need for pre-merger power, Singapore enforcer says

07 March 2019

The way that Grab and Uber went about their merger demonstrates a need for greater enforcement power, a top official at Singapore’s competition watchdog has said.

Malaysia seeks to have merger control by year’s end

Malaysia seeks to have merger control by year’s end

07 March 2019

Malaysia’s Competition Commission aims to implement a merger control regime by the end of this year, the authority’s chair has said.