A proposed merger between two construction firms in the UK is seen as having only a 50/50 chance of proceeding, but if successful, analysts predict the deal could entirely overhaul the industry.
Carillion and Balfour Beatty are in preliminary merger discussions, according to reports. The two are the UK’s largest …read more
Authorities may approve of a proposed merger between two major print media paper companies despite the fact that the newly merged company would hold more than 50 percent of the industry.
Verso Paper is looking to acquire its rival NewPage in a $900 million deal. The companies compete in the industry …read more
The UK is set to fine Lloyds bank this week for allegations of manipulating the LIBOR benchmark rate, according to sources.
A joint penalty issued by the UK and US is set to be announced this week by the bank, sources said, and fines could hit up to $500 million. The …read more
India’s Competition Appellate Tribunal may jumpstart an investigation into allegations of a coal cartel after a complainant filed an appeal of the Competition Commission of India’s original decision not to probe the matter.
A lawyer had initially filed a complaint with the CCI against three coal companies accusing the firms of …read more