Tag: Antitrust merger
Angola: Regulator approves bank and insurance sector merger
The Angolan Regulatory Competition Authority (ARC) has approved the merger of companies involving Banco Económico, Seguradoras Unidas and Tranquilidade, Corporação Angolana de Seguros, according...
US: Piper Jaffray agrees to buy Sandler O’Neill for $485M
Piper Jaffray is shelling out US$485 million for full-service investment bank Sandler O'Neill, according to a statement from the firm, reported the Wall Street...
Australia: AHG takeover hits antitrust hurdle
Queensland-based car dealer AP Eagers claims its is well advanced in addressing issues identified by the competition regulator with its proposed takeover of Automotive...
Germany: BdB banking: European banking mergers needed
The head of Germany’s BdB banking association said that cross-border mergers in the European banking industry were becoming more of a necessity, given the...
France: No need to hurry Renault-Fiat merger says finance minister
According to Reuters French Finance Minister Bruno Le Maire said there was no need to rush regarding the $35 billion merger talks between carmakers Renault...
Germany: Fashion start-ups Outfittery and Modomoto to merge
German fashion start-ups Outfittery and Modomoto have announced they are merging after ten years of competition. The merger will help them accelerate growth in...
South Africa: Regulator approves proposed Edgars merger
The Competition Commission has recommended to the Competition Tribunal that the proposed acquisition of Edgars Consolidated Stores by shelf company New HoldCo should be...
EU: German EC candidate calls for “political” competition rules
According to the Financial Times, Manfred Weber, a German MEP and “lead candidate” for the European People’s Party wants the next European Commission to...
Ireland: Car dealer ordered to pay for merger misstep
A leading car dealer must pay €2,000 (US$2,252.90) to charity after pleading guilty to breaking competition law by failing to get the regulator’s approval...
Germany/Japan: Siemens, Mitsubishi discuss merger of turbine units
Bloomberg reported that Siemens is exploring options for its struggling gas turbine business, and could look to form a joint venture with Japan’s Mitsubishi...
