Knauf's acquisitions of USG and AWI conditionally approved by ACCC

The Australian Competition and Consumer Commission conditionally approved Knauf's proposed acquisitions of USG Corporation and Armstrong World Industries, requiring Knauf to divest USG's interest in a joint venture with Boral.

“The ACCC will not oppose Knauf’s proposed acquisitions of USG and Armstrong World Industries after accepting a court-enforceable undertaking from Knauf to divest assets.”accc.gov.au

• 1 source
• accc.gov.auKnauf's acquisitions of USG and AWI conditionally approved | ACCCAustralian Competition, Consumer CommissionMar 27, 2019

Summarized from public sources; check the original articles before acting on it.