Cargotec and Konecranes merger falls through after UK regulator blocks the deal

Capt. John

Finnish cargo handling equipment specialists Konecranes and Cargotec have decided not to move forward with their planned merger after the UK Competition and Markets Authority (CMA) blocked the transaction, citing “substantial competition concerns”. The CMA said its probe had found that the merger...

https://splash247.com/cargotec-and-konecranes-merger-falls-through-after-uk-regulator-blocks-the-deal/

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