UK regulator clears Sims' scrap acquisition of Dunn Brothers

摘要

The UK's Office of Fair Trading (OFT) has cleared the completed acquisition by Sims Metal Management of Dunn Brothers, both of which collect and process scrap in the UK. "The deal was cleared on 11 August," an OFT spokesman tells Steel Business Briefing. However, the reasons why this merger has not been referred to the UK's Competition Commission cannot be published until "a few weeks time," he adds.