British chemical firm Ineos is nearing a deal to buy assets being sold by Sika AG to appease antitrust regulators, Bloomberg News reported on Sunday, citing people familiar with the matter.
UK competition watchdog's approval for their 4.5 billion pound merger on the condition they sell a part of the business to address competition concerns.
The deal values the Swiss chemicals firm's admixture business at $750 million and could be announced as soon as Monday, the report said. Ineos, who declined to comment on the report, beat private equity firms including Cinven, CVC Capital Partners and Clayton, Dubilier & Rice , Bloomberg said.
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Iran executes British-Iranian national Alireza AkbariIran has executed British-Iranian national Alireza Akbari, judiciary's Mizan news agency reports, after sentencing him to death on charges of spying for Britain
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Iran executes British national Alireza Akbari, state media reportsA news service linked to the Iranian judiciary said the dual British-Iranian national had been hanged, without providing details on when the execution took place.
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UK condemns 'barbaric' execution of British-Iranian nationalBritain on Saturday called the execution by Iran of British-Iranian national Alireza Akbari a barbaric act and said it would not go unpunished.
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