Mergers & Acquisitions Mergers & Acquisitions

Cargotec, Konecranes face formal EU charges over merger

By Andrew Boyce and Nicholas Hirst
  • 25 Oct 2021 05:58
  • 25 Oct 2021 05:58
Cargotec and Konecranes are facing formal EU objections to their planned merger, MLex has learned.

The European Commission opened an in-depth investigation into the deal in July, voicing concerns that merging Europe’s two largest suppliers of container-handling equipment could lead to higher prices and less choice.

The Statement of

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