Sika and MBCC Group propose remedy for UK merger concerns

Sika AG and MBCC Group have asked the UK's CMA to fast-track a remedy for their merger, proposing to sell MBCC's chemical admixtures business in the UK, Europe and several other countries to address competition concerns.

“The firms accept that the merger could reduce competition in the UK chemical admixture market.”cemnet.com

• 2 sources
• cemnet.comSika requests "fast track" remedy from CMA | CemNetICR NewsroomOct 26, 2022
• cen.acs.orgCelanese, Sika plan sales to clear deals with regulatorsAlexander H. TulloOct 29, 2022

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