The European Commission commences Phase II review of the merger between Konecranes and Cargotec; completion of the merger expected by the end of H1/2022
KONECRANES PLC INSIDE INFORMATION JULY 2, 2021 8:00 PM EEST The European Commission commences Phase II review of the merger between Konecranes and Cargotec; completion of the merger expected by the end of H1/2022 On 1 October 2020, Konecranes Plc (“Konecranes”) and Cargotec Corporation (“Cargotec”) announced that the companies have signed a combination agreement and plan to combine through a merger, subject to regulatory and other approvals (the “Transaction”). Konecranes and Cargotec confirm that they have filed for approval in many of the jurisdictions where the transaction