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OFS - Legal & Regulatory Briefs - February 4, 2020
UK’s Competition and Markets Authority may stop the proposed merger of Prosafe and Floatel International because of concerns the combination would give the new Prosafe too much of the North Sea offshore accommodations market. The CMA released provisional findings Jan. 30 that conclude blocking the merger may be the only way to mitigate its concerns, Prosafe said. The Norwegian Competition Authority came out against the merger in October. Oslo-based Prosafe has until Feb. 20......
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