Tag: Antitrust deal
ACCC Raises Competition Concerns Over Software Deal
The Australian Competition and Consumer Commission (ACCC) has raised concerns over cloud accounting software firm MYOB's proposed acquisition of GreatSoft, claiming that it could...
Indian Court Halts Reliance’s $3.4B Deal With Future
An Indian court has temporarily restrained Future Group from selling its retail assets to Reliance Industries, an interim win for Amazon, reported Bloomberg.
The Delhi...
Brazil’s Watchdog CADE OKs Petrobras Deal With Total
Brazilian antitrust watchdog CADE has approved the acquisition by state-controlled oil company Petrobras of the stakes owned by France's Total in five oil blocks...
UK To Probe Uber’s Autocab Deal
Uber’s planned acquisition of Autocab is being investigated by the UK’s Competition and Markets Authority (CMA) for suspected anticompetitive behavior, Reuters reported on Friday,...
Pfizer To Grow COVID-19 Vaccine Production With Sanofi Deal
Sanofi has agreed to produce millions of doses of BioNTech and Pfizer’s coronavirus vaccine in an unusual collaboration to speed vaccination efforts, reported Bloomberg.
The...
Office Depot Rejects Staples $2.1B Takeover Bid
Office Depot rejected a takeover offer from its arch-rival Staples on Tuesday, January 19, instead offering a counter-proposal that it claimed would invite less...
Coherent In $5.7B Deal With Laser-Maker Lumentum
Lumentum Holdings agreed to buy laser maker Coherent for US$5.7 billion, in a deal that would combine two companies whose products are used in...
Chinese Watchdog Approves Cisco’s $4.5B Acacia Deal
Cisco Systems’s purchase of Acacia Communications has been approved by China’s antitrust regulator on condition that the companies ensure fair competition, reported Reuters.
The State...
Sen. Josh Hawley Strikes New Book Deal
Conservative book publisher Regnery Publishing said it would release Sen. Josh Hawley’s “The Tyranny of Big Tech,” after Simon & Schuster canceled its deal...
Uber Must Pay S$6.6M Fine Over Merger Deal In Singapore
Singapore’s Competition Appeals Board has upheld fines of S$6.6 million (US$4.97 million) levied against Uber, affirming that its merger deal with ride-hailing rival Grab...
