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UK’s Competition Regulator Opens Inquiry Into Ali-Welbilt Merger

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Despite Welbilt’s recent announcement that it plans to sell Manitowoc Ice to Pentair, the UK’s Competition & Markets Authority has opened an inquiry into the proposed merger of Ali Group and Welbilt Inc. The CMA announced March 10 that it would look at “whether the creation of that situation may be expected to result in a…

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