Bharti Airtel’s definitive agreement to merge its Sri Lanka unit into market leader Dialog Axiata through an all-stock deal has received approval from the Telecommunications Regulatory Commission of Sri Lanka (TRCSL)...
UK competition regulator decides against in-depth probe of Aviva, AIG Life UK merger
Britain’s competition regulator said on Thursday that it has decided not to open an in-depth ‘phase 2’ investigation into Aviva’s acquisition of AIG Life UK. Britain’s Aviva agreed last...
AI-Vistara merger: Singapore regulator’s nod to further help optimise airlines’ schedules, contracts
The final competition-related approval for Air India-Vistara merger coming in from the Singapore regulator will now allow both airlines to share detailed information to optimise their schedules and contracts, Air India...
Centre raises M&A thresholds for antitrust regulator’s nod
The Ministry of Corporate Affairs on Friday increased the asset and turnover thresholds for mergers and acquisitions of firms that would require the approval of the antitrust regulator, sparing small deals from...
RCap lenders urge IIHL to secure regulatory approvals for acquisition
Reliance Capital lenders have asked IndusInd International Holdings Ltd (IIHL), a Hinduja Group firm, to provide necessary documents and secure relevant regulatory approvals for acquiring the debt-ridden company at the...
Greek regulator approves prospectus for Piraeus Bank stake sale
Greece’s capital markets commission has approved the prospectus for the sale of shares in Piraeus Bank owned by the country’s bank bailout fund HFSF, it said on Sunday. The securities regulator said the...
Air India-Vistara merger in progress; awaiting regulatory approvals: Singapore Airlines
Singapore Airlines said the proposed merger of Air India and Vistara is in progress, and is awaiting foreign direct investment and other regulatory approvals. Vistara is a joint venture between Singapore Airlines and...
SoftBank sells majority stake in Paytm before regulatory scrutiny causes stock dive
SoftBank Group Corp. sold a majority of its stake in Paytm before regulatory scrutiny caused the once-celebrated Indian fintech firm’s shares to dive, according to the Vision Fund’s executive managing partner, as per a...
UK antitrust regulator begins investigation of Vodafone-Hutchison merger
Britain’s antitrust watchdog has launched an investigation into the $19 billion merger between Vodafone’s UK operation and CK Hutchison’s Three UK, reviewing whether the deal will hurt competition, it...
EU antitrust regulator intends to block Amazon’s iRobot acquisition – WSJ
The European Union’s competition watchdog plans to block Amazon.com’s $1.4 billion acquisition of robot vacuum maker iRobot, The Wall Street Journal said on Thursday, citing people familiar with the matter...
Australian competition regulator approves Viva Energy’s acquisition of OTR Group
The Australian competition regulator on Thursday approved Viva Energy’s acquisition of convenience store operator On the Run (OTR Group) from Peregrine for A$1.15 billion ($765.90 million), sending the fuel...
Allkem-Livent merger gets regulatory approvals before shareholder vote
Lithium miner Livent said on Tuesday its proposed $10.6 billion merger with Australia’s Allkem had received all the required pre-closing regulatory approvals. The deal is expected to close by Jan. 4 if Allkem...