Tag: Merger
EU: EC has issues with T-Mobile, Tele2 merger
Deutsche Telekom's efforts to merge its Dutch business with local mobile rival Tele2 ran into problems Thursday, September 13, after the European Commission (EC)...
Netherlands: MPs support postal services merger
A potential merger between postal service PostNL and main competitor Sandd has been broadly supported by MPs in a debate on the future of...
South Africa: Competition Tribunal approves Glencore-Chevron deal
South Africa’s Competition Tribunal on Thursday, September 13, conditionally approved Glencore’s proposed US$973 million acquisition of Chevron’s subsidiary in the country, all but scuppering...
EU: Deutsche Bank, Commerzbank open to merger
Executives of Deutsche Bank and Commerzbank are increasingly open to the idea of a merger of Germany’s two largest banks, magazine Der Spiegel reported...
UK: Probe could force Sainsbury to halt Asda merger
Sainsbury's boss has warned that regulators could force Britain’s second-largest supermarket to pull out of its proposed merger with rival Asda.
Last month, the Competition...
EU: Siemens, Alstom say rail merger still on track
Siemens and Alstom stated they are confident their rail merger will proceed and be completed on time in 2019 despite objections raised by Australia's...
EU: Merger of Poland’s two biggest refineries worries BP
According to Reuters, the planned merger of Poland's two largest refiners—PKN Orlen and Grupa Lotos—could restrict competition in the east European country, energy rival...
China: China Unicom and China Telecom deny merger rumours
China Unicom and China Telecom have denied a reported plan for a merger with each other to speed up 5G development.
“The company is not...
China: Merger of telecom giants in the works
The Chinese government is exploring a merger of two of the nation’s top wireless carriers to speed up the development of 5G mobile services,...
UK: Npower-SSE merger approved
The UK’s competition watchdog has provisionally given the green light to the merger of Npower and the retail arm of SSE, removing the final...