The marriage between crane companies Cargotec and Konecranes has been called off after the UK Competition & Markets Authority blocked the merger while the U.S. Department of Justice threatened to sue.
According to the UK CMA, the two companies offer a range of container handling equipment and services to port terminals and other industrial customers. They announced their proposed $5 billion nuptials in October 2020.
Alas, the path to true love never...