Daikin's bid for AAMS Group cleared by Australian watchdog
( May 8, 2026, 06:10 GMT | Official Statement) -- MLex Summary: Daikin's bid for AAMS Group has been cleared after a review by the Australian competition watchdog. In a Friday statement, the Australian Competition & Consumer Commission said there is minimal geographic overlap between the two entities and the merged entity will continue to be constrained by rival providers of heating, ventilation, air conditioning and related services.Statement follows. Determination attached....
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.