B · Normal
[The State Administration for Market Regulation unconditionally approved the new joint venture between Jingrui Electronic Materials and Gaoqiao Petrochemical Co., Ltd.] On September 4th, the State Administration for Market Regulation released a list of cases that unconditionally approved the concentration of undertakings from August 24 to August 30, 2026, including the case of Posco Holdings Co., Ltd.'s acquisition of the equity of Li Holdco Pty Ltd, the case of Jingrui Electronic Materials Co., Ltd. and Sinopec Shanghai Gaoqiao Petrochemical Co., Ltd.'s new joint venture, and the acquisition of INCLOO by AISG Labs Pte. Ltd. TECHNOLOGY PTE. LTD. equity case, Shandong Jixin Industrial Development Co., Ltd.'s acquisition of Jiangsu Chang Aluminum Group Co., Ltd.'s equity case, ConocoPhillips Iraq Holding Co., Ltd.'s acquisition of BP Kirkuk Energy Co., Ltd.'s case, British Columbia Investment Management Company and Dutch Huiying Asset Management Co., Ltd. and other operators' acquisition of some assets of Hancock Chile Plantation Co., Ltd., Munich Re's acquisition of Vifford GP S.à r.l.'s equity case, CP Industrial Capital Management Co., Ltd. and C2X LTD's new joint venture case, and Dana Co., Ltd.'s acquisition of part of Eaton Co.'s business.
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