APi Group's Planned Chubb Acquisition Won't Face Further Probe From UK Regulator
December 06 2021 - 6:38AM
Dow Jones News
By Joe Hoppe
The U.K. Competition and Markets Authority said Monday that it
won't refer APi Group Corp.'s planned $3.1 billion acquisition of
Chubb Ltd. for further investigation.
The U.K. regulator first said it will probe the deal on Oct. 18,
and has now said it won't refer the acquisition to a phase 2
investigation.
APi--a provider of safety, specialty and industrial
services--said on July 27 that it had agreed to buy Carrier Global
Corp.'s Chubb Fire & Security business.
Write to Joe Hoppe at joseph.hoppe@wsj.com
(END) Dow Jones Newswires
December 06, 2021 06:23 ET (11:23 GMT)
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