EU antitrust regulators will rule by November 27 whether to clear US battery maker Energizer’s $2 billion bid for Spectrum’s battery and portable lighting business.
The company, which makes Energizer and Eveready batteries, sought approval from the European Commission on October 19, a filing on the EU competition regulator’s website showed on Monday, October 22.
The Commission can approve the deal with or without demanding concessions or it can kick off a four-month long investigation if it has serious concerns.
Spectrum’s brands include Varta consumer batteries and Rayovac hearing aid batteries. Regulatory authorities in the US and Australia have approved the deal without conditions.
Full Content: Reuters
Featured News
Judge Mehta Questions Both Sides in Landmark Google Antitrust Case
May 2, 2024 by
CPI
FCC Urges Urgent Funding for Removal of Chinese Telecom Equipment from U.S. Networks
May 2, 2024 by
CPI
Former Pioneer CEO Facing Potential Criminal Charges For Colluding With OPEC
May 2, 2024 by
CPI
South Korea’s Antitrust Regulator Greenlights K-Pop Powerhouse Deal
May 2, 2024 by
CPI
Exxon’s Pioneer Purchase Approved, Former CEO Barred from Board
May 2, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI