Thermalite/Celcon deal rejected

Aug. 1, 2002
The Competition Commission has rejected the proposed merger of block maker Thermalite with H+H Celcon because it may operate against the public interest. Thermalite will remain part of Marley Building Materials. H+H Celcon agreed to buy Thermalite in December for an estimated &£81 million but the deal was subject to approval by the competition authorities. The combined operation would have …

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