Competition watchdog gives nod to ARA, Logos deal
Vivienne Tay
Singapore
THE Competition and Consumer Commission of Singapore (CCCS) has cleared the proposed merger between fund manager Logos China Investments and ARA Logistics, a unit of ARA Asset Management.
In a press statement on Thursday, the competition watchdog said it has concluded that the deal will not infringe the Competition Act.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
US-China rivalry and the Kindleberger Trap: Why inaction – not escalation – is the biggest risk
Middle East-linked energy supply shocks put Asean Power Grid back in focus
As more Asean states turn to Russia for fuel, will Moscow boost its influence in the region?