Category: Global Blogs

US: DOJ approves $6B gas tie-up (Competition Policy International)

Kodiak Oil & Gas announced Thursday that it has received early termination of the Department of Justice’s review of the company’s proposed merger with Whiting Petroleum, say reports.

Whiting will acquire Kodiak for $6 billion, a transaction first announced last month The companies said they expect to finalize the deal by …read more

New Zealand: Airline cleared to launch venture with Singapore (Competition Policy International)

Air New Zealand has reportedly received clearance by regulators to proceed with its proposed joint venture with Singapore Airlines.

According to reports, the companies, which announced plans for the partnership last January, will allow Air New Zealand to maintain flights between Aukland and Singapore after the route was lost in 2008 …read more

US: Siemens sells health IT operations for $1.3B (Competition Policy International)

Siemens announced plans to divest its health IT operations in a $1.3 billion sale, say reports.

Siemens Health Services will be acquired by Cerner Corp, which will likely acquire related infrastructure and employees, reports say.

The transaction still needs regulatory approval, but the companies said they plan to close the deal in …read more

South Africa: Authorities unfairly favored rival, says Cell C (Competition Policy International)

South African wireless operator Cell C has told reporters that the nation’s Independent Communications Authority unfairly favored one of its rivals in a recent spectrum grab.

According to reports, the Icasa awarded Cell C rival MTN with additional frequency spectrum without making it clear that the spectrum was available to all …read more