Reuters logo
2 months ago
BRIEF-Adcock Ingram says settlement reached in merger complaint
June 15, 2017 / 9:20 AM / 2 months ago

BRIEF-Adcock Ingram says settlement reached in merger complaint

June 15 (Reuters) - Adcock Ingram Holdings Ltd:

* Settlement reached in competition commission investigation

* Settlement has been reached in respect of a pre-implementation of a merger complaint referral by competition commission

* In order to avoid litigation, respondents have, without admitting guilt, reached a settlement with competition commission

* Settlement has been confirmed by competition tribunal

* Respondents have agreed to pay a settlement amount of 2 mln rand and to develop, implement a competition law compliance programme Source text for Eikon: Further company coverage: (Bengaluru Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below