Two regulatory developments regarding the proposed merger of Ali Group and Welbilt Inc. were issued during the past week, In the US, the Antitrust Division of the Dept. of Justice granted Welbilt a “termination of waiting period,” which essentially allows the deal to proceed. Under US Antitrust law, parties contemplating certain mergers must give notice…
US DOJ Ends “Waiting Period,” But UK’s Competition Authority Expresses “Concern” About Ali-Welbilt Merger
