EU antitrust regulators have temporarily paused their investigation into U.S. life sciences company Illumina bid for $8 billion cash-and-stock takeover of Grail while waiting for the companies to provide details. This...
Illumina moves to allay EU antitrust concerns over $8 bln Grail deal
Illumina has offered to cut prices and continue to allow rivals access to its technologies in a bid to allay EU antitrust concerns about its proposed takeover of cancer detection test maker Grail, a European Commission...
Hyundai, Daewoo tie-up gets EU antitrust veto
Hyundai Heavy Industries proposed takeover of rival Daewoo Shipbuilding & Marine Engineering Co Ltd to create the world’s biggest shipbuilder was hit with an EU veto on Thursday on concerns that the deal would...
Mexico eyes antitrust implications of Citi sale, expects robust bidder interest
The Mexican government on Wednesday signaled it would be alert to possible antitrust implications of Citigroup’s sale of its consumer banking operations in Mexico, and said it expected plenty of bidders to emerge...
S&P, IHS to offload units ahead of merger to meet antitrust conditions
S&P Global and IHS Markit said on Monday they would sell a couple of businesses to satisfy antitrust requirements attached to the $44 billion merger of the financial information providers. S&P Global will sell...
Microsoft to win antitrust approval for $16-billion Nuance deal
US software giant Microsoft is set to secure unconditional EU antitrust approval for its $16-billion bid for artificial intelligence and speech technology firm Nuance Communications, three people familiar with the...
Hyundai, Daewoo tie-up faces EU antitrust veto, sources say
South Korean shipbuilder Hyundai Heavy Industries’ proposed acquisition of rival Daewoo Shipbuilding & Marine Engineering Co Ltd is set for an EU antitrust veto after the companies declined to offer remedies...
Brazilian antitrust watchdog bars healthcare firm Hapvida’s deal
Brazilian antitrust watchdog CADE has blocked a deal announced by healthcare company Hapvida Participações to by health insurer Plamed. CADE´s technical body had given an earlier approval to the deal demanding the sale...
Veolia, Suez offer remedies in bid to win EU antitrust okay for deal
French waste and water management companies Veolia and Suez have offered remedies in a bid to secure EU antitrust approval for their tie-up, a European Commission filing showed on Wednesday. The companies submitted...
U.S. antitrust agencies see merger surge
The U.S. Justice Department and Federal Trade Commission said Monday that they had been notified of more than 4,000 proposed transactions between March 2020 and September 2021, sharply higher than normal. The agencies...
Italy’s Nexi moves to close SIA takeover after antitrust green light
Nexi said its acquisition of smaller rival SIA to create an Italian payments champion will be completed “as soon as practicable” after Italy’s antitrust authority gave a conditional green light to the...
Big Tech’s little mergers draw more U.S. antitrust scrutiny
U.S. Federal Trade Commission staff presented data on Wednesday on small acquisitions by five big technology companies, and the agency scrapped guidelines on vertical mergers which combine a company with a supplier...