Israel: Gas partners close to $4Bn Leviathan financing

Israel: Gas partners close to $4Bn Leviathan financing

The companies that own the rights to Israel’s largest natural gas pool are close to securing the $4 billion financing needed to develop the field, according to the chief executive officer of one of the partners. “The Leviathan financing agreements are in the final stages of negotiations,” Delek Drilling LP CEO Yossi Abu said at […]

Tendencias en Competencia: ¿Que tener en cuenta para mejorar el diseño de las licitaciones públicas y evitar la cartelización en Argentina?

Tendencias en Competencia: ¿Que tener en cuenta para mejorar el diseño de las licitaciones públicas y evitar la cartelización en Argentina?

Por: Alexis Pirchio La asignación de la obra pública en Argentina ha estado recientemente sujeta a escrutinio por parte del público, debido a numerosos escándalos de corrupción durante la era Kirchnerista. Más allá de los problemas de corrupción en las asignaciones, desde un análisis de defensa de la competencia también nos interesa evitar la potencial […]

US: Lionsgate, Starz invite Shareholders to approve merger

US: Lionsgate, Starz invite Shareholders to approve merger

Lionsgate and Starz on Thursday revealed more details of their $4.4 billion merger, including a share reclassification proposal that benefits billionaire investor John Malone, as they set out to woo investors. In a joint proxy statement, the merger partners invited shareholders to special, as-yet unscheduled meetings to approve their deal. Lionsgate and Starz in their […]

India: CCI clears Mitsubishi Chemicals-Chatterjee group deal

India: CCI clears Mitsubishi Chemicals-Chatterjee group deal

The Competition Commission has approved the proposed acquisition of controlling stake in Mitsubishi Chemicals Corporation PTA India by Kolkata- based The Chatterjee Group. MCC PTA India is a subsidiary of Tokyo-based Mitsubishi Chemicals. In a tweet, the Competition Commission of India said it has approved “acquisition of shares of MCC PTA India by The Chatterjee […]

UK: Online gambling probed by competition watchdog

UK: Online gambling probed by competition watchdog

The UK’s online gambling industry is being investigated by the country’s competition watchdog to test whether millions of customers are being treated fairly. The Competitions and Markets Authority has stepped in after the Gambling Commission raised concerns about a raft of potential breaches of consumer law, “including misleading promotions and unfair terms being used by […]

Australia: Parliament concerned about bank dominance

Australia: Parliament concerned about bank dominance

The CEOs of Commonwealth Bank of Australia, Australia and New Zealand Banking, National Australia, and Westpac Banking will each face three hours of questioning this week starting on Tuesday by a 10-member panel comprising a diverse group of Australian lawmakers. The government introduced the annual committee hearings in August after the big banks’ move to […]

Germany: Spotify close to buying SoundCloud

Germany: Spotify close to buying SoundCloud

Swedish music-streaming service provider Spotify is in advanced talks to acquire German rival SoundCloud, according to Reuters. SoundCloud’s founders and investors have been exploring strategic options for the company, including a sale that could value it at $1 billion. Music-streaming companies have struggled to turn a profit amid rising competition from larger players such as Apple […]

US: California investor pleads guilty to bid rigging

US: California investor pleads guilty to bid rigging

Stephan Florida, a real estate investor in Danville, California, pleaded guilty to one count of bid rigging in the U.S. District Court for the Northern District of California in Oakland on Wednesday.  Florida was charged in an indictment returned by a federal grand jury in the Northern District of California on November 19, 2014. The charges are […]

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