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Regulator blocks proposed Dulux, Plascon merger

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इंडिया समाचार समाचार

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.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 12. in İN

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Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

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
स्रोत: Moneyweb - 🏆 5. / 77 और पढो »