European Commission opens Phase II review of Konecranes-Cargotec merger

The European Commission has opened a Phase II review of the proposed merger between Konecranes and Cargotec. The companies expect completion by the end of H1/2022.

“The EC has today opened a Phase II review in connection with the planned Transaction.”kauppalehti.fi

• 2 sources
• kauppalehti.fiKonecranes Oyj: The European Commission commences Phase II review of the merger between Konecranes and Cargotec; completion of the merger expected by the end of H1/2022 | KauppalehtiJul 2, 2021
• konecranes.comState Administration for Market Regulation has approved the merger between Konecranes and Cargotec in China | Stock exchange releases | KonecranesAug 10, 2021

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