US-based Louisiana-Pacific has reportedly ended its planned acquisition of Canada-based plywood substitute maker Ainsworth Lumber, a $$874 million takeover, after regulators demanded more concessions from the companies.
Reports say Louisiana-Pacific released a statement regarding the matter, declaring, “We fundamentally disagree with the analysis by antitrust agencies.”
The statement was offered by Louisiana-Pacific …read more
The Competition Commission of India has reportedly denied calls to probe athletic wear firms Adidas and Reebok following allegations the firms abused their dominance market positions.
Kalpataru Enterprises’ partner Om Datt Sharma, a Reebok India franchisee, originally filed a complaint with the watchdog against Adidas and its Reebok operations accusing their …read more
The European Commission’s review of Telefonica’s acquisition of KPN’s Germany wireless unit is more concerned with boosting existing competitors in the industry rather than creating a new market entrant, according to sources.
The Commission declined to pass on review of the merger to German regulators in efforts, reports say, to streamline …read more
The London global silver benchmark is reportedly set to stop operations this August as global scrutiny mounts over allegations of price-fixing in the gold, silver and other metals markets.
The London Silver Market Fixing Ltd., which runs the benchmark-setting process, announced the news Wednesday, and set that the current benchmark setters, …read more
