Circuit board makers announce merger

Thursday, 05 April 2012

A Viasystems facility in Shanghai
Printed circuit board (PCB) manufacturer Viasystems has announced an US$282 million acquisition of smaller competitor DDi.

J&J sells trauma unit to ease Synthes bid

Wednesday, 04 April 2012

Biomet manufactures medical devices, including artificial joints
Johnson & Johnson (J&J) has sold its trauma unit to medical device manufacturer Biomet, a concession which it hopes will pave the way for European approval of its US$21 billion takeover of medical device maker Synthes.

FTC unwinds Ohio health-care merger

Tuesday, 03 April 2012

ProMedica must divest of St. Luke's within 6 months
The US Federal Trade Commission (FTC) has ordered ProMedica Health System to divest St Luke’s Hospital, ruling that the August 2010 acquisition is likely to substantially lessen competition in Ohio’s health-care sector.

IAG/BMI gets EU clearance

Monday, 02 April 2012

BA-owner IAG will add BMI to its group of airlines
The European Commission has cleared International Consolidated Airlines Group’s (IAG) acquisition of British Midlands (BMI) with conditions that it divests airport slots and agrees to feed connecting passengers to flights operated by competitors.

Germany to change merger control process

Monday, 02 April 2012

Germany's Federal Cartel Authority says the dominance test will remain relevant
Germany’s government has proposed changes to its merger control law, including introducing an EU-inspired test, but the country’s Federal Cartel Authority has said the present test will still be relevant.

Rise in US merger litigation is positive, says ABA panel

Thursday, 29 March 2012

US Supreme Court
The rise in US merger litigation in recent years is good for both the development of antitrust practice and for business, according to a panel of enforcers and private practice lawyers speaking yesterday at the ABA Spring Meeting. David Vascott in Washington, DC.

DoJ requires Medicare divestments in Humana/Arcadian

Thursday, 29 March 2012

Humana has agreed to buy Arcadian
The US Department of Justice’s antitrust division (DoJ) has approved the US$150 million acquisition by health insurance company Humana of its competitor Arcadian, provided that the buyer sells its new Medicare Advantage businesses in 51 counties and parishes.

FTC partially passes paint merger

Thursday, 29 March 2012

Graco can proceed with its acquisition of the powder paint portion of ITW
The US Federal Trade Commission (FTC) has partially cleared the merger of powder paint companies Graco and Illinois Tool Works (ITW), allowing Graco to move ahead with the deal provided it sets aside a portion of the business until the FTC completes its review.

ACCC clears flexible packaging tie-up

Wednesday, 28 March 2012

Amcor can now proceed with its acquisition despite the ACCC's initial concerns
The Australian Competition and Consumer Commission (ACCC) has cleared Amcor’s takeover of Aperio Group without conditions, despite an initial assessment that the deal would substantially lessen competition for the supply of flexible packaging products in Australia.

DG Comp takes United Technology/Goodrich to Phase II

Tuesday, 27 March 2012

United Technologies faces further scrutiny of its $US18.4 billion bid
The European Commission today opened an in-depth investigation of United Technology’s (UTC) US$18.4 billion bid for aviation equipment rival Goodrich, extending its review of one of the largest transactions in the aerospace industry in recent years.

Poland imposes remedies on pharma merger

Tuesday, 27 March 2012

Polpharma has agreed to buy Polfa Warszawa
Poland’s Office of Competition and Consumer Protection has cleared a merger between two drug makers on the condition that the merged company divests three of its product lines.

France accepts divestments in Saint-Gobain/Brossette

Tuesday, 27 March 2012

Saint Gobain bought Wolseley's subsidiaries in France and UK
France’s Competition Authority has approved building material group Saint-Gobain’s acquisition of plumbing and heating distributor Brossette, but asked the buyer to sell several stores to address local competition concerns.

Universal/EMI enters Phase II

Monday, 26 March 2012

Universal's bid for EMI is now subject to further scrutiny
The European Commission has opened an in-depth investigation of Universal Music Group’s bid for EMI Music after an initial review highlighted competition concerns.

UK scraps waste merger

Friday, 23 March 2012

Stericycle must divest of newly acquired Ecowaste
The UK’s Competition Commission (CC) has ordered waste disposal companies Stericycle and Ecowaste Southwest to reverse their merger after concluding that the tie-up could increase prices and lower service levels in the local market.

Australia clears airline alliance

Friday, 23 March 2012

Virgin Australia has signed an alliance with Skywest
The Australian Competition and Consumer Commission (ACCC) has cleared an alliance between Virgin Australia and regional airline Skywest, saying the combination will promote competition.

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