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Brazil: Poultry plans bought for $100M (Competition Policy International)

by 21st Century Competition | Jul 21, 2014 | Global Blogs

Two poultry processing plants have reportedly been acquired by JBS subsidiary JBS Foods in Brazil, a deal worth about $111 million. The deal includes two feeding mills, three incubators and other assets, according to reports, as JBS looks to strengthen its position in...

UK: Terms of Shire takeover deal revealed (Competition Policy International)

by 21st Century Competition | Jul 21, 2014 | Global Blogs

US-based pharmaceutical conglomerate AbbVie is set to acquire UK rival Shire in a deal worth $54.5 billion, according to reports. The two were first reported to have entered merger discussions in early May of this year, though no terms had been reached. Now, reports...

Australia: Expedia scrutinized over buyout (Competition Policy International)

by 21st Century Competition | Jul 21, 2014 | Global Blogs

Expedia.com’s $660 million acquisition of Wotif.com has caught the attention of the Australian Competition and Consumer Commission, say reports. The ACCC is reportedly seeking information from competing travel booking businesses regarding the takeover to inquire...

US: Small TV groups face uncertainty in mega-merger climate (Competition Policy International)

by 21st Century Competition | Jul 21, 2014 | Global Blogs

As the largest media conglomerates in the nation strike monumental merger plans, smaller television groups like AMC Networks and Discover Communications are facing an uncertain future. Reports say those groups are bracing for an overhaul of the broadcasting industry...

India: Gas watchdog wades through market study (Competition Policy International)

by 21st Century Competition | Jul 21, 2014 | Global Blogs

India’s gas regulator, the Petroleum and Natural Gas Regulatory Board, is continuing its market inquiry into the oil industry but has reportedly reached a decision on how much natural gas sellers can charge from manufacturers. The announcement follows the Oil...

US: Sprint, T-Mobile promote merger with joint spectrum bid (Competition Policy International)

by 21st Century Competition | Jul 21, 2014 | Global Blogs

Sprint and T-Mobile are reportedly planning to jointly bid on spectrum during next year’s auction in efforts to promote their proposed merger, reports say. Unnamed sources say that the companies are meeting with separate counsels to form a joint-bidding team for...
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