Australia approves travel business merger

Thursday, 02 September

The Australian Competition and Consumer Commission (ACCC) has cleared travel company Jetset Travelworld Group to buy rival Stella Travel Services Holdings after extensive competition scrutiny.

Banking deal gets SA approval

Thursday, 02 September

South African banking services company Bankserv has been granted clearance by the country’s Competition Commission to purchase rivals Emid and Nomad, subject to conditions.

LB Foster/Portec deadline extended again

Wednesday, 01 September

The proposed merger between US railway manufacturing companies LB Foster and Portec Rail Products has been delayed once more as the companies strive to alleviate competition concerns raised by the US Department of Justice’s antitrust division.

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