Glencore and Xstrata eye merger

Friday, 03 February 2012

Glencore is in talks to buy Xstrata
Mining giants Glencore and Xstrata are in talks to merge, potentially creating a company worth US$80 billion, subject to competition approval.

Mexico prohibits Televisa/Iusacell deal

Thursday, 02 February 2012

Televisa is prohibited from acquiring a 50 per cent stake in Iusacell
Mexico’s Federal Competition Commission (CFC) has blocked the merger of mobile phone company Grupo Iusacell and media company Televisa.

European Commission blocks NYSE/Deutsche Börse

Wednesday, 01 February 2012

DG Comp has blocked the merger between NYSE and Deutsche Börse
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.

Unipol deal heading to Phase II

Tuesday, 31 January 2012

Unipol has agreed to buy Fondiaria-SAI for €1.1 billion
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.

SA mining companies contest commission refusal

Tuesday, 31 January 2012

Petmin and Thaba hope to challenge the commission's decision before the country's tribunal
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.

FTC lawsuit adds another hurdle to Omnicare/PharMerica

Monday, 30 January 2012

The companies are the two largest long-term care pharmacies in the US
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.

DC court sends FTC paint case to Minnesota

Monday, 30 January 2012

J Robert Robertson, at Hogan Lovells and counsel to Illinois Tool Works
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.

US chemical rivals to merge

Monday, 30 January 2012

Eastman Chemical and Solutia's merger is subject to antitrust approval
Eastman Chemical has agreed to buy its competitor Solutia for a total value of US$4.7 billion.

Last glimmer of hope for Deutsche Börse/NYSE in Europe

Wednesday, 25 January 2012

The NYSE/Deutsche Börse merger is worth US$17 billion
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.

FTC backs down in pharma battle

Wednesday, 25 January 2012

Lundbeck purchased NeoProfen in 2006
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 prohibits mining merger

Tuesday, 24 January 2012

South Africa's authority says the merged entity would be too powerful in the manufacture and distribution of CMC
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.

Consumer group urges DG Comp to block Google/Motorola

Tuesday, 24 January 2012

Public interest group Consumer Watchdog wrote to the commissioner yesterday
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 seeks to block health care merger

Monday, 23 January 2012

South Africa's commission has referred the merger to the tribunal, recommending probition
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.

France passes sugar merger

Monday, 23 January 2012

Cristal Union can now proceed with its deal to pruchase rival Vermandoise
France’s Competition Authority has cleared a merger which will create the country’s second-largest sugar company.

DG Comp resumes Google/Motorola review

Friday, 20 January 2012

Google announced its proposed acquisition of Motorola in August
The European Commission has restarted its investigation of the US$12.5 billion merger between Google and Motorola Mobility.

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