Mergers & Acquisitions Mergers & Acquisitions

Illinois Tool Works' acquisition of MTS Systems cleared conditionally in China (English version)

By MLex Staff
  • 05 Jan 2022 02:13
  • 05 Jan 2022 02:13
Below is an English translation of the decision, provided by MLex. The original decision in Chinese can be found here.

Illinois Tool Works wins conditional Chinese clearance for MTS Systems takeover

I. Procedures

On March 11, 2021, China’s State Administration for Market Regulation (SAMR) received notification of the proposed acquisition by Illinois Tool Works (ITW)

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