|Bid||225.50 x 50600|
|Ask||226.50 x 13000|
|Day's Range||223.50 - 232.00|
|52 Week Range||219.00 - 265.00|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||3.50 (1.51%)|
|1y Target Est||51.46|
The U.S. Federal Trade Commission said on Friday it would challenge in court the Norwegian company Wilhelmsen Maritime Services' plan to buy smaller U.S. rival Drew Marine Group. The FTC said the $400 million proposed deal would reduce competition in the market for marine water treatment chemicals, used in a ship's boiler water and engine cooling water systems. If Wilhelmsen closed the deal with New Jersey's Drew Marine, the FTC said the company would have 60 percent of the market for marine water treatment chemicals, while its closest competitor would have 5 percent.
(Adds Tencent, General Mills, Wilhelmsen Maritime) Feb 23 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Friday: ** U.S. semiconductor testing company ...
EU antitrust regulators are set to fine Nippon Yusen KK (NYK) and several other Japanese shippers as well as Norwegian Wallenius Wilhelmsen Logistics ASA (WWL) (WWLO.OL) in the coming weeks for rigging bids for shipping cars, according to people with knowledge of the matter. The EU sanctions follow a near six-year investigation which started with dawn raids by the European Commission in September 2012 in coordination with Japanese and U.S. antitrust authorities. Competition regulators around the world have penalised a number of shippers in recent years for fixing prices and dividing the markets for shipping cars and other products on various routes.