British watchdog sceptical about Iconex merger plans

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The British Competition and Mergers Authority (CMA) has found that Iconex’s purchase of Schades and R+S may lead to less choice and higher prices for lightweight thermal paper rolls and labels in the UK. Schades and R+S are both owned by Hansol Paper and Mirae Asset Daewoo. Iconex and Schades are two of the UK’s ...

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