No significant change in merger policy is anticipated in the short term since the same MOFCOM officials will continue to oversee merger control within the SAMR. Long term, consolidation could lead to greater consistency in the application of competition laws and thus enhance legal certainty. Companies...
Under the current plan, the complete merger is not expected to happen before late 2024, even though the financial consolidation of the firms could occur as early as next year. Cho said that one of the most complex decisions that will have to be made is that of fleet simplification. He ...
Vietnamese ecommerce marketplace Sendo said it’s looking to start raising series D funds to capitalize on the country’s fast-growing ecommerce sector, adding that a consolidation is not a “must-have” at this point, its chief financial officer JJ Ang told Tech in Asia. Sendo CFO JJ ...
Tidewater Inc. and GulfMark Offshore, Inc. announced Monday that the boards of directors of both companies have unanimously approved a definitive agreement to combine the two companies, creating the industry’s largest owner of offshore support vessels and continuing consolidation in the offshore sec...