FTC Blocks Henkel's Acquisition of Liquid Nails
- Federal Trade Commission: 3 events in the last 90 days
- Federal Trade Commission: 2th Legal in the last 90 days
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.
Summary written by AI strictly from the sources below
Why it's spreading
- ConfirmedFTC Press Releases published a first-party announcement
Timeline
- announced FTC win blocking Loctite, Liquid Nails mergerFTC Press Releases