News Formal

Regulator blocks proposed Dulux, Plascon merger

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Brasil Notícia Notícia

Proposed deal between AkzoNobel and Kansai Plascon Africa will greatly reduce choice in the local market, Competition Commission says

AkzoNobel's paint factory in Ashington, Britain, is shown in the September 12 2017 file photo. Picture: REUTERShas rejected a proposed merger of paint manufacturers Dulux and Plascon on the grounds that the deal would substantially diminish competition in the local market.

The proposed merger of “combines the largest and second-largest manufacturers of decorative coatings who manufacture the well known Plascon- and Dulux-branded paint products to create a dominant firm with a considerable market share,” the commission said in a statement.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 12. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

CompCom says no to proposed Plascon and Dulux mergerThe CompComSA has shut down the merger of the manufacturer of Dulux-branded paint products – with Kansai Plascon Africa Limited (KPAL) and Kansai Plascon East Africa, which manufactures Plascon branded paint products Moneyweb BusinessNews Matshoba_A
Fonte: Moneyweb - 🏆 5. / 77 Consulte Mais informação »