Mergers & Acquisitions Mergers & Acquisitions

Sika's MBCC acquisition faces further delays in New Zealand review

By Laurel Henning
  • 01 Aug 2022 08:13
  • 01 Aug 2022 08:13
Plans by chemical-admixture supplier Sika to acquire MBCC Group are facing further delays to a regulatory review underway in New Zealand.
In an update to the national competition regulator’s dedicated timeline for the review of the deal, the New Zealand Commerce Commission extended its timeline to Sept. 29.

The regulator

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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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