antitrust authorities approve sale of sgl group s

Bayer

And now Bayer is gearing up to divest more assets in a bid to win antitrust approval. This was confirmed by Chief Executive Werner Baumann in a statement as Bayer announced a decline in fourth-quarter sales, from €8.8bn (US$10.7bn) in 2016 to €8.6bn (US$10.4bn) last year, while group sales for the full-year were €35bn (US$42.6bn).

U.S. Department of Justice

In April, the Division filed a lawsuit to block SGL Carbon AG and its U.S. subsidiary, SGL Carbon L.L.C., from acquiring certain assets of Carbide/Graphite Group in a bankruptcy court action. SGL Carbon and Carbide/Graphite Group are two of the only four producers capable of manufacturing quality 18-inch diameter and larger graphite electrodes for sale in the United States.

Tokai Carbon co.'s Acquisition Of SGL GE Graphite

The US cartel authorities made their approval of the takeover of SGL's global graphite electrodes business by SDK subject to the sale of SGL GE's US sites. With the takeover, SDK has acquired production sites for graphite electrodes in Europe and Southeast Asia in addition to its already existing sites in Japan, the US and China.

Tronox's Antitrust Woes Continue with Cristal

Increasingly, antitrust authorities across the world cooperate on reviews and point to pending suspensory approvals (or other necessary consents) as a reason to withhold a decision. Parties therefore should consider carefully the timing of international antitrust reviews and the impact on potential litigation and the termination date in the merger agreement.

United Group unit gets antitrust nod to acquire Bulgaria's

SOFIA (Bulgaria), January 18 (SeeNews) - Bulgaria's antitrust body said on Monday that it gave the green light to United Media, part of Dutch-based telecommunications and media company United Group, to acquire of Bulgarian multi-platform media company

Global Competition Review

GCR (Global Competition Review) is the world's leading antitrust and competition law journal and news service. GCR provides breaking news, daily updates and in-depth monthly features covering antitrust and competition enforcement in countries around the world.

Merger control procedures of the EU

For example, the Commission's approval of EMI's recorded music business by Universal Music Group in 2012 was conditional upon the divestment of EMI's Parlophone label and numerous other music assets. The proposed merger would bring together two of the four so-called global major record companies and likely have enabled Universal to impose higher prices for digital music.

Statement on European Commission's ongoing antitrust

On 5 April 2019, the BMW Group received a so-called "statement of objections" from the European Commission in connection with the ongoing antitrust proceedings. The statement relates to the investigation into talks held by working groups of German automobile manufacturers a number of years ago and includes a provisional competitive assessment by the EU Competition Authority.

Antitrust authorities approve sale of SGL Group's graphite

Wiesbaden, September 28, 2017. With approval already having been granted by the antitrust authorities in Germany, Russia, and Turkey, the US Department of Justice (DoJ) has given its conditional approval for the sale of SGL Group's graphite electrode

U.S. Department of Justice

In April, the Division filed a lawsuit to block SGL Carbon AG and its U.S. subsidiary, SGL Carbon L.L.C., from acquiring certain assets of Carbide/Graphite Group in a bankruptcy court action. SGL Carbon and Carbide/Graphite Group are two of the only four producers capable of manufacturing quality 18-inch diameter and larger graphite electrodes for sale in the United States.

Antitrust authorities nix sale of Hanson to IDB group

Antitrust Authorities Nix Sale of Hanson to IDB Group Company Ora Coren Guy Liberman Dec. 21, 2009 Dec. 21, 2009 Share in WhatsApp Share in Facebook Share in Twitter Send in e-mail Send in e-mail Share in Facebook Share in Twitter

International News Archives

Goodyear's US$2.8 billion takeover of Cooper has passed a significant milestone, following the deal's approval by antitrust authorities in China. According to official filings, the merger between Goodyear Tire and Rubber Company and Cooper Tire Rubber Company was approved by the State Administration for Market Regulation (SAMR) on 23 April 2021.

Gemalto finalizes the acquisition of 3M's Identity

The Identity Management Business formerly known as 3M's Identity Management Business will be integrated into the Gemalto Government Programs business. Amsterdam, May 1, 2017 - Gemalto (Euronext NL0000400653 - GTO), the world leader in digital security, today announces the closing of the acquisition of 3M's Identity Management Business after approval by the relevant regulatory and antitrust

Merger Review

2021/1/3Among the key provisions in U.S. antitrust law is one designed to prevent anticompetitive mergers or acquisitions. Under the Hart-Scott-Rodino Act, the FTC and the Department of Justice review most of the proposed transactions that affect commerce in the United States and are over a certain size, and either agency can take legal action to block deals that it believes would "substantially

AES Gener's Sale of Guacolda Stake Credit Neutral for Both

On Feb. 23, 2021, AES Gener announced the sale of its 50%+1 share stake sale of Guacolda Energia SpA to WegE SpA, a local investment company, for an undisclosed amount. Fitch understands the sale will require approval from antitrust authorities, and

Antitrust authorities approve sale of SGL Group's graphite

With approval already having been granted by the antitrust authorities in Germany, Russia, and Turkey, the US Department of Justice (DoJ) has given its conditional approval for the sale of SGL Group's graphite electrode business to the Japanese company Showa

SGL Group to sell cathodes, furnace linings and carbon

SGL Group has signed the sale and purchase agreement to sell its cathodes, furnace linings, and carbon electrodes (CFL/CE) business to funds advised by Triton. The two parties have agreed on an enterprise value (cash and debt free) of 250 million euros, which

SGL Group acquires Dr. Schnabel Co KG

SGL Group – The Carbon Company – will implement a transition in the Group's top management as of January 1, 2014. This was resolved at the meeting of the Supervisory Board. Effective this date, Robert Koehler, who will reach the age of 65 in January 2014, will leave the Company after handin

United Group unit gets antitrust nod to acquire Bulgaria's

SOFIA (Bulgaria), January 18 (SeeNews) - Bulgaria's antitrust body said on Monday that it gave the green light to United Media, part of Dutch-based telecommunications and media company United Group, to acquire of Bulgarian multi-platform media company

ČEZ Group is selling Romanian assets to Macquarie

ČEZ Group has reached an agreement to sell its Romanian assets to funds managed by Macquarie Infrastructure and Real Assets ("MIRA"). The assets comprise of seven companies, including electricity distribution networks, energy supply and the Fantanele Cogealac wind park, among others. Transaction documentation was signed today. Closing of the transaction is subject to receiving approval

Mayer Brown advises BENTELER on sale of shares in SGL

Mayer Brown represented the BENTELER group on the sale. The agreement is the result of an in-depth analysis of the business portfolios of both companies. For both BENTELER and SGL Group, focus on their core competencies is key part of their respective strategy.

Antitrust Immunity And International Airline Alliances

DOT has the statutory authority to approve and immunize from the U.S. antitrust laws agreements relating to international air transportation. Over the past seventeen years, DOT has granted immunity to over twenty international alliance agreements, permitting immunized participants in these alliances to collude on prices, schedules, and marketing.

Resolution 14: Approval of the sale by L'Oral of its entire stake in the companies of the Galderma group

On March 20, 2014, L'Oral's Board of Directors authorized, prior to its execution, the agreement concerning the sale by L'Oral of all its shares in Galderma group companies to Nestl. This transaction is conditioned upon the relevant antitrust authorities'clearance, either expressly or tacitly, of the sale

International News Archives

Goodyear's US$2.8 billion takeover of Cooper has passed a significant milestone, following the deal's approval by antitrust authorities in China. According to official filings, the merger between Goodyear Tire and Rubber Company and Cooper Tire Rubber Company was approved by the State Administration for Market Regulation (SAMR) on 23 April 2021.

Tokai Carbon co.'s Acquisition Of SGL GE Graphite

The US cartel authorities made their approval of the takeover of SGL's global graphite electrodes business by SDK subject to the sale of SGL GE's US sites. With the takeover, SDK has acquired production sites for graphite electrodes in Europe and Southeast Asia in addition to its already existing sites in Japan, the US and China.

Google: OK, OK, we pinky promise not to suck Fitbit

2020/7/14EU regulators were due to make a decision on whether to approve the sale next week, but following Google's statement have pushed the decision date back to 4 August. It's not clear why: Google said exactly the same thing when it announced back in November that it wanted to buy Fitbit.

Altia has received conditional approval for the merger

Altia has received conditional approval for the merger from the Swedish Competition Authority and offered remedies to the Finnish and Norwegian competition authorities Altia Plc (" Altia ") and Arcus ASA (" Arcus ") announced on 29 September 2020 the merger of Altia's and Arcus' business operations through a statutory cross-border absorption merger of Arcus into Altia (the

Antitrust Immunity And International Airline Alliances

DOT has the statutory authority to approve and immunize from the U.S. antitrust laws agreements relating to international air transportation. Over the past seventeen years, DOT has granted immunity to over twenty international alliance agreements, permitting immunized participants in these alliances to collude on prices, schedules, and marketing.

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