The US$10.2 billion merger between NYSE Euronext and Deutsche Börse has finally collapsed after the European Commission decided to block the deal in a landmark ruling.
Italian insurance company Unipol’s €1.1 billion proposed acquisition of its rival Fondiaria-SAI risks stirring Italy’s Antitrust Authority’s concerns that the merger would create a dominant position, lawyers say.
Mining companies Petmin and Thaba Chueu have announced they will appeal against South Africa’s Competition Commission’s decision to block Thaba’s purchase of a silica mine owned by Petmin.
The US Federal Trade Commission has sued to block Omnicare’s hostile bid for its rival PharMerica, saying a merger of the country’s two largest long-term care pharmacies had the potential to harm competition.
Lawyers for two rival powder paint companies have won the right to transfer the US Federal Trade Commission’s lawsuit attempting to block their merger out of federal court in Washington, DC.
NYSE Euronext and Deutsche Börse could yet see their proposed US$17 billion merger approved after a key member of the European Commission yesterday requested more time to make his decision.
The US Federal Trade Commission (FTC) has announced it will not seek a Supreme Court judgment on its monopolisation case against pharmaceutical company Lundbeck, marking the end of a protracted antitrust battle.
South Africa’s Competition Commission blocked a vertical merger in the chemical mining sector yesterday, prompting suggestions that the authority’s approach is becoming increasingly cautious.
A US public interest group has written to the European Commission, calling for it to block Google’s proposed US$12.5 billion takeover of Motorola Mobility.
South Africa’s Competition Commission has recommended that the country’s tribunal prohibit the merger of two hospital operators, saying it would substantially lessen competition in the Durban health care market.