Mar 29, 2022CLOSUREUnited Kingdom Cargotec and Konecranes cancel planned merger after UK CMA blocks deal
The UK Competition & Markets Authority blocked the merger between Cargotec and Konecranes, leading the companies to jointly cancel the planned merger on March 29, 2022.
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“The UK CMA blocks the merger between Cargotec and Konecranes and thus the Companies have Jointly Decided to Cancel the Planned Merger.”kalmarglobal.com
- 6 sources
- kalmarglobal.comThe UK CMA blocks the merger between Cargotec and Konecranes and thus the Companies have Jointly Decided to Cancel the Planned MergerMar 29, 2022
- reuters.comKonecranes, Cargotec drop merger plans after UK watchdog vetoMar 29, 2022
- worldcargonews.comCargotec exiting “heavy cranes” ‣ WorldCargo NewsWCN EditorialMar 30, 2022
- container-news.comCargotec plans to exit Kalmar's heavy port cranes business, ponders MacGregor sale - Container NewsAntonis KaramalegkosMar 30, 2022
- heavyliftpfi.comCargotec lines up Kalmar heavy port cranes exit, weighs up options for MacGregor - Heavy Lift & Project Forwarding International
Summarized from public sources; check the original articles before acting on it.