Tag: takeover
Australia Watchdog $17B Sydney Airport Takeover
Australia's competition regulator on Thursday approved a A$23.6 billion ($16.92 billion) takeover of Sydney Airport, bringing one of the country's biggest buyouts closer to...
Australia: ACCC greenlights US$9b APA takeover
According to the Wall Street Journal, Australia’s antitrust regulator won’t stand in the way of a more than US$9 billion takeover of one of the country’s...
UK: CMA orders European Metal Recycling to divest five sites in...
European Metal Recycling (EMR) has been instructed to sell five of the sites it bought from Metal Waste Recycling (MWR) in a bid to...
US: Tribune ends US$3.9b takeover, sues Sinclair
Tribune Media announced Thursday, August 9, that it would terminate its proposed merger with Sinclair Broadcast Group, while announcing a US$1 billion lawsuit against...
EU: Aurubis positive on copper deal despite regulator concerns
According to Reuters, Europe’s biggest copper smelter Aurubis stated it is confident its plan to sell its flat rolled copper products unit to Germany’s Wieland-Werke...
Australia: Merger creates countries largest media company
Australia’s Nine Entertainment announced a US$3 billion takeover of Fairfax Media. The deal will create the country’s largest media company and means the Fairfax...
US: FTC clears Takeda’s proposed US$62b Shire takeover
Takeda Pharmaceutical has received US regulatory approval for its US$62 billion takeover of Irish drugmaker Shire, clearing a “significant” hurdle to completing Japan’s largest-ever...
Ireland: Competition watchdog investigates Reach’s takeover of Express Newspapers
The Competition and Consumer Protection Commission of the Republic of Ireland (CCPC) announced that a preliminary investigation found further analysis would be needed to...
US: Cosco takeover deal gets final green light
Chinese state-run logistics firm Cosco Shipping has been granted approval for the US$6.3 billion takeover of competitor Orient Overseas International from US regulators, the...
Philippines: Watchdog voids Chelsea Logistic’s takeover of Trans-Asia
The Philippine Competition Commission (PCC) voided Chelsea Logistics Holdings Corp’s (CLC) acquisition of Trans-Asia Shipping Lines due to the companies’ failure to notify the...