Mergers & Acquisitions Mergers & Acquisitions

Cargotec, Konecranes offer remedies in bid to win EU approval for merger (update*)

By Natalie McNelis
  • 09 Dec 2021 06:08
  • 09 Dec 2021 06:44
Cargotec and Konecranes have offered to amend their merger, in a bid to win EU clearance for the deal. 

The European Commission responded by extending its deadline to decide on the acquisition until March 3.

The parties submitted the proposal today, according to the EU regulator's register of deals. Details haven't been made public.

Konecranes

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