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India: Regs clear path for first foreign airline investment (Competition Policy International)

by 21st Century Competition | May 8, 2014 | Global Blogs

India’s Securities and Exchange Board has reportedly cleared the way for the nation’s first direct investment in an airline by a foreign entity. Reports say Etihad, based in the United Arab Emirates, has been exempted from making an open bid for its...

EU: Leading PVC makers win clearance for $6B joint venture (Competition Policy International)

by 21st Century Competition | May 8, 2014 | Global Blogs

Europe’s largest polyvinyl chloride makers Ineos and Solvay have reportedly been approved to proceed with their proposed $6 billion joint venture. According to reports, the European Commission will allow the project to go through after striking a deal with Ineos...

Canada/US: Authorities united in striking down lumber merger (Competition Policy International)

by 21st Century Competition | May 8, 2014 | Global Blogs

US and Canadian regulators have reportedly both blocked merger plans for Louisiana-Pacific Corp and Ainsworth Lumber Co., an $877 million deal that Louisiana-Pacific said will require further concessions to earn approval. Reports say either one or both companies may...

Spain: Media group Prisa decides on Telefonica offer (Competition Policy International)

by 21st Century Competition | May 8, 2014 | Global Blogs

Media group Prisa has reportedly accepted Telefonica’s bid to acquire Prisa’s 56 percent share in a pay-TV company, a $1 billion bid that was first revealed Tuesday. According to reports, Prisa approved of Telefonica’s offer to acquire the shares in...

US: DirecTV unconvinced of AT&T takeover proposals (Competition Policy International)

by 21st Century Competition | May 8, 2014 | Global Blogs

Days after reports first emerged that wireless giant AT&T could be looking to make its own mark in the changing communications industry with a DirecTV acquisition, the latest reports say the deal is already under way. DirecTV has met with advisers including...
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