Mergers & Acquisitions Mergers & Acquisitions

Cargotec, Konecranes' merger plan faces regulatory delay in Australia

By Laurel Henning
  • 14 Feb 2022 20:01
  • 14 Feb 2022 20:01
Plans by Finnish rivals Cargotec and Konecranes to merge and become a global leader in container-handling equipment are facing delays in Australia, where the country’s competition regulator has announced that it has stopped the clock on its review of the deal.

In an update today to the dedicated webpage of the Australian Competition

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Laurel Henning

Senior Correspondent


Laurel is a senior correspondent specializing in competition law, data privacy and security, in Australia and New Zealand. Laurel reports from Sydney on criminal-cartel legislation and white-collar crime, as well as competition and consumer lawsuits involving companies including Google, Meta Platforms and Apple. While at MLex Laurel has also reported boardroom disputes and shareholder campaigns agitating for changes to company strategy. Laurel joined MLex in 2013 and reported for five years on European energy and climate policies from Brussels. In that time, Laurel covered the regulation of emissions and technological developments pertaining to the energy sector within the EU, as well as the Paris agreement in 2015. A graduate of the University of Liverpool, Laurel studied English and French before beginning a career in journalism with MLex.

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