Dec 15, 2022ACQUISITIONUnited Kingdom UK regulator clears Sika's $5.7B acquisition of MBCC Group
The UK antitrust regulator accepted remedies proposed by Sika AG and MBCC Group, clearing their $5.7 billion merger to prevent harm to competition in the UK construction industry.
Productschemical admixtures
“Britain's antitrust regulator said on Thursday that it has accepted a remedy proposed by Swiss chemicals company Sika AG and German rival MBCC Group that will prevent their $5.7 billion merger from harming competition in the U.K. construction industry.”law360.com
- 7 sources
- law360.comUK Clears $5.7B Chemical Admixtures Deal After Fixes - Law360Najiyya BudalyDec 15, 2022
- reuters.comUK watchdog clears $5 bln Sika-MBCC mergerDec 15, 2022
- lexology.comLower material prices set in concrete?: CMA imposes conditions on Sika / MBCC mergerBeale & Co - Paul HentyJan 12, 2023
- sika.comSika to sell selected MBCC Group Admixture Assets to Ineos EnterprisesThomas HaslerJan 16, 2023
- gcc.sika.comSika to sell selected MBCC Group Admixture Assets to Ineos EnterprisesJan 16, 2023
Summarized from public sources; check the original articles before acting on it.