Topic: Private equity

Private equity firm cannot escape tuna price-fixing litigation

Bumble Bee Foods’ private equity backer may be liable for damages resulting from its role in a conspiracy to fix canned tuna prices, a federal judge in California has said.

22 August 2023

EU clears Advent/GfK in Phase I with remedies

The European Commission has imposed structural and behavioural conditions on Advent’s acquisition of market research provider GfK after the private equity group pulled and refiled its notification of the deal.

05 July 2023

Private equity firms held to same level of scrutiny in merger probes, says CMA official

A top official at the UK’s antitrust enforcer has said private equity acquisitions are not subjected to heightened scrutiny, less than a week after the agency raised concerns about corporate groups acquiring independent veterinary practices.

24 May 2023

CMA threatens in-depth probe into private equity-backed vet acquisitions

A private equity-owned veterinary group must remedy its acquisition of 12 practices to avoid an in-depth probe, the UK’s Competition and Markets Authority has said, while underlining its wider focus on the rapidly concentrating sector.

19 May 2023

A Q&A with private equity researcher Aslihan Asil

The Hart-Scott-Rodino Act disproportionately permits private-equity-backed mergers to go unreported compared to those funded by public equity, according to a study published last month by Washington University professor John Manuel Barrios, University of Chicago professor Thomas Wollmann and Yale doctoral student Aslihan Asil. GCR USA spoke with Asil about potential concerns from transactions that the US antitrust agencies might not know exist.

13 April 2023

UK likely to accept proposed Asda/Co-op divestment

The UK’s antitrust enforcer has said it is likely to approve Asda’s £600 million purchase of a Co-op subsidiary, subject to the sale of 13 petrol stations and their attached grocery stores to address local competition concerns.

29 March 2023

CMA successfully challenges another vet deal

Europe’s largest veterinary service provider has offered to roll back its purchases of eight independent practices after the UK’s Competition and Markets Authority demanded remedies to address its concerns about the deals.

06 March 2023

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