UK Raises Antitrust Concerns Over $5.7B Chemicals Cos. Deal

By Najiyya Budaly (July 27, 2022, 12:23 PM BST) -- Britain's antitrust watchdog said Wednesday that the proposed $5.7 billion acquisition by Swiss chemicals company Sika AG of construction chemicals maker MBCC Group could harm competition in the supply of the goods in the U.K.

A proposed $5.7 billion deal between the two European chemicals suppliers could "result in a substantial lessening of competition in Britain," the watchdog has said. (iStock.com/unkas_photo) Sika and MBCC are the two largest suppliers of chemical admixtures in Britain and compete closely, particularly for customers buying large volumes of their products, the Competition and Markets Authority said. The specialty chemicals are used to strengthen concrete or to...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!