Aton of trouble still lies ahead before M&R takeover is ...

Business

Aton of trouble still lies ahead before M&R takeover is passed

The competition commission wants a few more questions answered before it will greenlight the deal

Ann Crotty

Those not watching closely might have assumed the privately-owned German firm Aton had by now wrapped up its bid for control of former construction firm Murray & Roberts.

But no, the long-stop date for finalisation of all the conditions of the deal has been extended by another three months to the end of September.

Aton says the process of obtaining merger control clearances and/or approvals from the competition authorities has not yet been finalised. ..

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