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Malaysia: Bank merger frenzy hits after three-way deal inked (Competition Policy International)

by 21st Century Competition | Aug 6, 2014 | Global Blogs

Reports say Malaysia’s banking industry is likely headed for a new round of consolidation after CIMB, RHB Capital and Malaysia Building Society launched plans for a three-way merger. The union between the three groups is expected to combine into a bank that...

US: Laser printer giant Lexmark in bidding war for Readsoft (Competition Policy International)

by 21st Century Competition | Aug 6, 2014 | Global Blogs

Laser printer manufacturer Lexmark has been hit with a bidding war in its efforts to acquire Swedish office service company Readsoft, say reports. US software group Hyland increased its bid to acquire Readsoft for a second time last Monday. Its offer stood at $246.4...

India: Appellate Tribunal hears CCI gas ruling challenge (Competition Policy International)

by 21st Century Competition | Aug 6, 2014 | Global Blogs

India’s Competition Appellate Tribunal has confirmed that it has heard an appeal of an earlier ruling made by the Competition Commission of India against Adani Gas, say reports. The CCI fined the gas giant last July for abusing its market dominance after an...

US/UK: Pfizer still has a chance to ink industry’s largest takeover (Competition Policy International)

by 21st Century Competition | Aug 6, 2014 | Global Blogs

US-based pharmaceutical giant Pfizer could still ink the industry’s largest takeover even after being rejected for such a deal by UK’s AstraZeneca, say reports. AstraZeneca rejected Pfizer’s takeover offer last May, a deal that would have been a...

US: Murdoch walks away from Time Warner (Competition Policy International)

by 21st Century Competition | Aug 6, 2014 | Global Blogs

Media mogul Rupert Murdoch has reportedly abandoned plans for his 21st Century Fox to acquire Time Warner. The deal would have been the biggest media merger in a decade with a price tag of $150 billion. According to reports, the merger would have lead to the largest...
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