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The acquisition «would not substantially lessen competition,» the Australian Competition and Consumer Commission (ACCC) said on Thursday. The competition watchdog in Australia will not oppose the proposed acquisition of Citigroup Australia’s consumer business…
Five peak industry bodies that banded together to oppose Woolworths’ potential acquisition of PFD Food Services have warned the ACCC to maintain a focus on the grocery group’s “track record of anti-competitive behavior”. The group partnered in February to…
China’s banking and insurance watchdog has made an internal promotion for the appointment of a new vice-chairman. Xiao Yuanqi has been promoted to the new role, according to a Caixin report citing unnamed sources. Xiao was most recently the China Banking and…
China Telecom announced that Yang Jie (pictured) has resigned from his role as chairman of parent company China Telecom Corporation, and has been re-designated as chairman of China Mobile Communications Group. Yang has also resigned from his positions as…
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