Mergers & Acquisitions Mergers & Acquisitions

Sika-MBCC deal wins New Zealand merger clearance, subject to divestments

By Laurel Henning
  • 04 Apr 2023 03:56
  • 04 Apr 2023 03:56
Swiss construction-chemicals company Sika has seen its planned acquisition of German rival MBCC move forward today, after the New Zealand’s antitrust authority said it would clear the deal, subject to divestment of MBCC's New Zealand business.
The announcement came 10 days ahead of a scheduled decision from the regulator, which

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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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