Cargotec-Konecranes merger secures conditional EU nod

Capt. John

The European Commission (EC) has cleared a merger between Finnish engineering companies Cargotec and Konecranes, under certain conditions.

The deal has been approved under the EU Merger Regulation and is conditional on the sale of certain operations.

The EC gave the green light to the proposed deal after conducting a detailed investigation.

During this probe, the EC collected feedback from diverse market participants, such as terminal operators and manufacturers of cranes and other container...

https://www.ship-technology.com/news/cargotec-konecranes-merger-eu-nod/

Leave a Comment