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Investegate announcements from Sanoma Corp, The Dutch ACM retained the same conditions on Sanoma’s acquisition of Iddink
Sanoma Corporation, Press Release, 27 August 2021 at 9:30 EET The Dutch ACM retained the same conditions on Sanoma's acquisition of Iddink Following a ruling of the Court of Rotterdam on 4 March
In this Issue: United States 1. FTC abandons challenge to Philadelphia hospital merger. On March 1, 2021, the FTC, suffering its first loss in a hospital merger challenge since 2016, voted 4-0 to end its effort to stop the proposed $599 million merger of Philadelphia-area health care systems Jefferson Health and Albert Einstein Healthcare Network. The FTC’s decision comes about a month and a half after the Pennsylvania Attorney General’s office dropped out of the joint challenge. The FTC challenged the merger on the basis that it would hurt competition in the Philadelphia-area health car...
Acquisition of PGB by Global Automotive. After conducting a detailed market study among manufacturers, competitors, and buyers of tires, ACM established that enough alternatives will remain in the market for tires for retailers. ACM expects that enough competitive pressure will continue to be exerted, and that the new combination will not raise prices or reduce the quality of services. ACM also assessed what the consequences would be for the market for replacement wheels. ACM has established that, in that market too, enough competition will remain. On March 10, 2021, the Netherlands Authori...
Sanoma Corp: The Dutch ACM to improve part of substantiation of the decision on Sanoma's acquisition of Iddink The Dutch ACM to improve part of substantiation of the decision on Sanoma's acquisition of Iddink The Court of Rotterdam has on 4 March 2021 ruled that the Dutch Authority for Consumers and Markets (ACM) is obliged to improve a part of the substantiation of the decision by which the acquisition of Iddink Group by Sanoma Group was approved on 29 August 2019. The decision does not impose any obligations on Sanoma. Additional information Sanoma Sanoma is an innovative and agile learning...