The Competition Tribunal has unconditionally approved a deal whereby Imperial Logistics, through its wholly-owned subsidiary, Imperial Capital, will acquire Lift Logistics (J&J Group) and its subsidiary, Greendoor Group. Post-acquisition, Imperial will control J&J Group and Greendoor. The Tribunal has concluded that the merger is unlikely to substantially prevent or lessen competition in any relevant market. Furthermore, it raises no public interest concerns. Imperial is not controlled by any single firm or individual as its shares are widely held, says the Tribunal.
from Engineering News | Home https://ift.tt/3ifoLHw
