( November 5, 2025, 01:09 GMT | Official Statement) -- MLex Summary: LNM Invest has received the green light to acquire Bai Center, with New Caledonia’s mergers watchdog announcing it was “unlikely” that vertical integration of the relevant markets would lead to the loss of “significant opportunities.” In a statement, the Autorité de la concurrence de la Nouvelle-Calédonie said the transaction wasn’t likely to lead to lock-in strategies favoring the LNM Invest group, including a refusal to supply competitors. Bati Center operates in the market for the trade of floor- and wall-covering products, in which LNM Invest, through its ownership of stakes in DPN TCE and Neves Plâtrerie, is located as a downstream customer in the French Pacific territory.The statement follows, in French: ...
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.