Finnish Competition Authority opposes NCC’s acquisition of Destia’s asphalt paving operations
The Finnish Competition Authority has opposed NCC’s acquisition of Destia’s asphalt paving operations. The Authority has requested that the Market Court forbid the planned corporate merger.In March 2011, NCC signed an agreement to acquire the asphalt and paving operations in the Finnish company Destia, which is wholly owned by the Finnish government. The agreement has been subject to review by the Finnish Competition Authority (FCA), which has now announced that it opposes the transaction. The FCA has requested that the Finnish Market Court prohibit the acquisition. The Market Court must
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