ÁSAR Receives Icelandic Competition Authority Objections on Two Acquisitions
Iceland's Ásar hf. says the competition regulator's preliminary view is that remedies are needed for its purchases of Öryggismiðstöð Íslands and Opin kerfi.
Ásar hf., the Icelandic listed company formerly named Síminn hf., said it has received a statement of objections from the Icelandic Competition Authority concerning its planned acquisitions of security services firm Öryggismiðstöð Íslands hf. and IT company Opin kerfi hf. The regulator's preliminary assessment is that remedies are necessary before the deals can proceed.