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European Commission clears the merger of Cargotec with Konecranes, subject to conditions

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The European Commission has approved, under the EU Merger Regulation, the proposed merger between Cargotec and Konecranes. The approval is conditional on the divestiture of certain businesses – February 24, 2022 Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “Cargotec and Konecranes are two global leaders of container and cargo handling equipment. Port terminal operators,…

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