Cement News tagged under: CRH Ciment
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CRH Ciment SA and Comnord SA accepts Romania’s Competition Council fine for unauthorised merger16 January 2018, Published under Cement NewsCRH Ciment and Comnord SA have been retrospectively fined RON3,056,314 (US$802,409) by Romania’s Competition Council for the implementation of a merger carried out before receiving the council's authorisation. In its analysis of a recent transaction, through which CRH Ciment SA became the sole shareholder of CRH Comnord SA, the Competition Council found that a previous operation had not been notified and authorised according to current rules, which prohibits mergers without notification a... |
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