FTC Blocks Henkel's Acquisition of Liquid Nails
What happened
The Federal Trade Commission announced a victory in blocking the acquisition of Liquid Nails by Henkel AG & Co. KGaA. Henkel is the manufacturer of Loctite brand construction adhesives, and Liquid Nails is Loctite's main competitor. The FTC claims this move helps lower the cost of housing construction materials for Americans.
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