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IVE Group's proposed Ovato acquisition clears Australian merger review

( August 30, 2022, 00:50 GMT | Official Statement) -- MLex Summary: Australian-listed IVE Group's proposed acquisition of printing-service company Ovato will go unopposed by Australia's competition regulator, after the watchdog completed a public review of the planned acquisition. In a statement today, the Australian Competition & Consumer Commission said IVE was the only viable purchaser of Ovato and if the deal didn't proceed, administrators would have to liquidate Ovato's assets.The full statement by the Australian Competition & Consumer Commission follows:...

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