South Africa construction conglomerate Group Five said Wednesday that it has warned shareholders of a “contingent risk” of civil claims and possible fines lodged against the company following a report by the Competition Commission that found evidence of anticompetitive behavior by the company.
While no claim against Group Five has been …read more
Germany-based ContiTech and US-based Veyance are still expecting to close their merger by this year’s fourth quarter, despite antitrust probes that are ongoing in both jurisdictions to review the $1.91 billion rubber merger.
ContiTech first announced plans to acquire its US competitor in February. Since, some jurisdictions have reportedly opened a …read more
Irish radio station Newstalk has reportedly filed a complaint with the European Commission against public service broadcaster RTE accusing it of anticompetitive behavior.
According to reports, Newstalk and RTE had quarreled earlier this year after RTE refused to run an advertisement for its rival. Following RTE’s decision, Newstalk immediately filed a …read more
Canada’s energy industry has experiences a major influx of merger and acquisition activity, according to reports.
Twenty percent of global energy M&A deals in the first half of the year were struck in Canada, reports say, citing data from consulting firm Deloitte. Canada and the US together accounted for 61 percent …read more