Antitrust Division Announces Successful Referrals in Two Local Asphalt Merger Investigations to State Attorneys General
The Justice Department’s Antitrust Division provided the following statement on the closing of its investigations into two transactions that presented competition issues in local asphalt markets: (1) the acquisition of Suit-Kote Corporation by Colas Inc., a subsidiary of Bouygues S.A.; and (2) the acquisition of Arcosa Inc. by CRH plc.
What happened
The Justice Department’s Antitrust Division provided the following statement on the closing of its investigations into two transactions that presented competition issues in local asphalt markets: (1) the acquisition of Suit-Kote Corporation by Colas Inc., a subsidiary of Bouygues S.A.; and (2) the acquisition of Arcosa Inc. by CRH plc.
Why it matters
The proceeding may create legal precedent, financial exposure or operating constraints for Regulation.
Affected entities
View evidence
1 reports · 1 original report · 1 independent
- U.S. Department of JusticePrimary source · Supports · EN · 100%Antitrust Division Announces Successful Referrals in Two Local Asphalt Merger Investigations to State Attorneys General ↗
Claims
- Antitrust Division Announces Successful Referrals in Two Local Asphalt Merger Investigations to State Attorneys General Announced
Conflicts
No material conflict detected in the available evidence.
Timeline
- First reported
Market move following event
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