Mergers & Acquisitions Mergers & Acquisitions

Sika-MBCC concede to UK watchdog on competition concerns about merger, issues statement says

By Victoria Ibitoye
  • 21 Sep 2022 13:32
  • 21 Sep 2022 13:32
Sika has conceded that its acquisition of Master Builders Construction Chemicals raises substantial competition concerns, the UK’s merger regulator revealed in an update today.

The Competition and Markets Authority’s inquiry group, which examines mergers at phase II, said the companies had waived their rights to challenge its concerns that the deal

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