Knauf and USG merger cleared by Commerce Commission subject to divestment

The New Zealand Commerce Commission granted clearance for Gebr. Knauf KG to merge with USG Corporation, subject to Knauf divesting USG's interest in USG Boral Building Products to ensure competition in the modular suspended ceiling systems market.

“The Commerce Commission has granted clearance for Gebr. Knauf KG and USG Corporation to merge subject to a divestment undertaking.”comcom.govt.nz

• 1 source
• comcom.govt.nzCommerce Commission grants clearance for Knauf and USG to merge subject to a divestment | Commerce CommissionApr 18, 2019

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