Mergers & Acquisitions Mergers & Acquisitions

Cargotec, Konecranes defend merger plan at EU hearing

By Andrew Boyce and Nicholas Hirst
  • 17 Nov 2021 04:06
  • 17 Nov 2021 04:09
Cargotec and Konecranes countered EU objections to their planned merger at a closed-door hearing in Brussels yesterday, MLex has learned.

The two Finnish manufacturers of container-handling equipment received a formal charge sheet from the European Commission over the deal last month.

In opening an in-depth investigation into the deal in July, the commission

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