Category: Global Blogs

US/Canada: FTC needs more info on medical equipment deal (Competition Policy International)

The US Federal Trade Commission is reportedly seeking more information regarding the acquisition of Canadian isotope supplier Nordion.

Nordion announced Friday that the FTC has requested more information from it and its planned acquirer, US-based Sterigenics, which will extend the waiting period by another 30 days.

The $805 million merger between the …read more

India: Vacation merger lands penalties (Competition Policy International)

The Competition Commission of India has reportedly issued fines to three companies for their participation in a merger that occurred before the required regulatory notification of the deal.

Vacation planners Thomas Cook and Sterling Holiday Resorts were fined after the CCI found they had consummated parts of the transaction before notifying …read more

EU: Expedia, Tui continue travel market mergers (Competition Policy International)

Expedia.com announced plans to acquire European car rental company Auto Escape Group, a deal that continues a trend of recent mergers in the travel booking industry.

Auto Escape will become part of the CarRentals.com brand, reports say, which is owned by Hotwire Group, which is run by Expedia. In a statement, …read more

US: Pabst Blue Ribbon finds buyout trouble (Competition Policy International)

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