Statement of Issues released on Cargotec/Konecranes clearance application

The Commerce Commission has published a Statement of Issues relating to Cargotec Corporation’s application seeking clearance to acquire Konecranes Plc as part of a global merger.

The Statement of Issues outlines the Commission’s potential issues with the proposed transaction following its initial investigation. A Statement of Issues is not a final decision and does not mean that the Commission intends to decline or clear the proposed transaction.

The Commission is seeking submissions from Cargotec and Konecranes and other interested parties on the issues raised in the Statement of Issues.

The Statement of Issues will be available on the case register shortly.

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