by 21st Century Competition | Aug 6, 2014 | Global Blogs
China’s National Development and Reform Commission said Wednesday that it will fine 12 Japanese manufactures of auto parts for anticompetitive behavior, an announcement it made simultaneously with news that Audi and Chrysler would similarly be sanctioned. The...
by 21st Century Competition | Aug 6, 2014 | Global Blogs
The head of the Federal Communications Commission lauded the news that Sprint parent company SoftBank would end discussions with T-Mobile parent company Deutsche Telekom to strike a merger, say reports. Tom Wheeler said Wednesday that maintaining the US wireless...
by 21st Century Competition | Aug 6, 2014 | Global Blogs
Sprint and T-Mobile, the nation’s third- and fourth-largest wireless operators, respectively, have reportedly called off their highly publicized plans to merge. According to reports, Sprint is set to announce Wednesday that it will no longer pursue a takeover of...
by 21st Century Competition | Aug 5, 2014 | Global Blogs
Two Turkish private equity conglomerates, Esas and Actera, have reached an agreement to jointly acquire a Turkish ferry operation from current owner, global equity firm KKR. KKR will sell UN Ro-Ro Isletmeleri to the companies; Esas owns the nation’s largest...
by 21st Century Competition | Aug 5, 2014 | Global Blogs
Germany-based shipbuilder Meyer Werft has reportedly reached an agreement with the Finnish government to acquire the STX Finland shipyard. The shipyard will now be known as the Meyer Turku Shipyard Oy and will house two new cruise ship orders from TUI Cruises, based...
by 21st Century Competition | Aug 5, 2014 | Global Blogs
German auto parts manufacturer ZF Friedrichshafen is reportedly considering divestitures to secure its proposed acquisition of US peer TRW Automotive Holdings, say reports. Unnamed sources said Monday that ZF could sell its steering operations ZF Lenksysteme, a joint...
