US beer brand Pabst Blue Ribbon is reportedly seeking a buyer, but has not yet found a suitor willing to purchase the company for the $1 billion its owner is seeking.
According to reports, PBR has found interested bidders, but one unnamed source told reporters that the price tag is too …read more
Despite concerns from the European Commission on the project, reports say Bulgaria has ruled that the South Stream gas pipeline is not in breach of competition law.
The gas line, spearheaded by Russia’s Gazprom, has garnered significant controversy. The line will reportedly bypass Ukraine and run across southern and central Europe. …read more
Seven US Democratic Senators are reportedly calling or regulators to review the proposed acquisition of Allergan, which makes Botox, by Canada’s Valeant Pharmaceuticals.
According to reports, lawmakers want the $54 billion hostile takeover offer reviewed, citing former Valeant buyouts that lead to job cuts.
The company reportedly cut hundreds of jobs in …read more
Australian telecommunications operator Telstra is reportedly fighting current laws that curb price signaling, but the Australian Competition and Consumer Commission is pushing back.
According to reports, ACCC head Rod Sims calls Telstra’s fight against the rules “extremely unfortunate.”
Telstra filed a submission to the Harper Review on competition policy, calling for an …read more