by 21st Century Competition | Aug 6, 2014 | Global Blogs
Reports say Malaysia’s banking industry is likely headed for a new round of consolidation after CIMB, RHB Capital and Malaysia Building Society launched plans for a three-way merger. The union between the three groups is expected to combine into a bank that...
by 21st Century Competition | Aug 6, 2014 | Global Blogs
Laser printer manufacturer Lexmark has been hit with a bidding war in its efforts to acquire Swedish office service company Readsoft, say reports. US software group Hyland increased its bid to acquire Readsoft for a second time last Monday. Its offer stood at $246.4...
by 21st Century Competition | Aug 6, 2014 | Global Blogs
India’s Competition Appellate Tribunal has confirmed that it has heard an appeal of an earlier ruling made by the Competition Commission of India against Adani Gas, say reports. The CCI fined the gas giant last July for abusing its market dominance after an...
by 21st Century Competition | Aug 6, 2014 | Global Blogs
US-based pharmaceutical giant Pfizer could still ink the industry’s largest takeover even after being rejected for such a deal by UK’s AstraZeneca, say reports. AstraZeneca rejected Pfizer’s takeover offer last May, a deal that would have been a...
by 21st Century Competition | Aug 6, 2014 | Global Blogs
Media mogul Rupert Murdoch has reportedly abandoned plans for his 21st Century Fox to acquire Time Warner. The deal would have been the biggest media merger in a decade with a price tag of $150 billion. According to reports, the merger would have lead to the largest...