UK CMA Finds AkzoNobel-Axalta Merger May Substantially Lessen Competition
The UK Competition and Markets Authority decided the proposed merger may be expected to substantially lessen competition in one or more UK markets.
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07:31:45 AM UTC
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UK'S CMA: AKZONOBEL / AXALTA HAVE UNTIL NOV 18 TO OFFER UNDERTAKING OR FACE MERGER REFERRAL
07:34:07 AM UTC
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UK CMA: If No Undertaking Is Offered CMA Will Refer Merger for Further Probe
07:38:35 AM UTC
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AkzoNobel and Axalta's $25 billion merger may weaken UK competition, watchdog says Nov 11 (Reuters)
07:55:17 AM UTC
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(07:32 GMT) *UK CMA: Merger May Lessen Competition Within a Market/Markets in UK (07:33 GMT) *UK CMA Considering Whether to Accept an Undertaking (07:33 GMT) *UK CMA: Parties Have Until Nov 18 to Offer an Undertaking (07:33 GMT) *UK CMA: If No Undertaking Is Offered CMA Will Refer Merger for Furthe…