Report: Merger Requires Asset Shedding
September 11, 2009
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NEW YORK—If there is to be a merger between Heidelberger Druckmaschinen and manroland AG, the companies may need to sell assets beforehand to meet the requirements of antitrust agencies, according to a Bloomberg report.
Citing two people familiar with negotiations, Bloomberg reported the companies may need to sell overlapping assets in order to gain approval from European Union authorities. An analyst said a merger would give the combined entity 65 percent of the market, a figure EU authorities would deem too high.
Citing two people familiar with negotiations, Bloomberg reported the companies may need to sell overlapping assets in order to gain approval from European Union authorities. An analyst said a merger would give the combined entity 65 percent of the market, a figure EU authorities would deem too high.
Companies Mentioned:
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