The Philippines Department of Justice’s Office for Competition is set to focus on the energy and telecommunications industries to ensure proper competition and crack down on possible cartel behavior, reports say.
The OFC has reportedly chosen the industries as the ones where it is most “likely to achieve the greatest impact” …read more
Germany-based Henkel has reportedly reached an agreement to acquire three major US personal home care brands by TSG consumer Partners.
The $367 million transaction will transfer SexyHair, Kenra and Alterna brands to Henkel’s operations. The three names are all personal hair care lines and will join Henkel’s Schwarzkopf and Syoss hair …read more
United Arab Emirates-based airline Etihad has reportedly confirmed Sunday it is close to reaching a final agreement with Italian peer Alitalia for a merger deal.
The companies issued a joint statement early this week to announce Etihad’s plans to submit a formal letter to Alitalia’s board of directors in only a …read more
Car safety equipment maker Autoliv has reportedly settled three antitrust lawsuits against the company after being accused of price-fixing.
The Switzerland-based firm is expected to shell out about $65 million to settle the class action cases filed after various antitrust investigations into Autoliv initiated by several jurisdictions around the globe. The …read more