Colas' acquisition of Suit-Kote faces court challenge from Pennsylvania AG
( October 13, 2026, 16:39 GMT | Official Statement) -- MLex Summary: Pennsylvania Attorney General Dave Sunday has filed a federal complaint challenging Colas Inc.’s proposed acquisition of Suit-Kote Corporation, alleging that the deal is likely to substantially lessen or eliminate competition in the provision of asphalt emulsions and pavement preservation services in several counties in western and central Pennsylvania. Additionally, the state claims that the deal would reduce the number of competitive alternatives to government purchasers and enable the combined entity to raise prices with no competitive restraint, resulting in higher prices for asphalt emulsions and pavement preservation services in several counties.See attached file. ...
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