Statement on FTC Win Blocking Loctite, Liquid Nails Construction Adhesive Merger
First publishedAug 17, 12:00 UTC
Last updatedAug 17, 21:41 UTC · 16m ago
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Answer
The Federal Trade Commission secured an important victory in the fight to lower the cost of housing construction materials for Americans by preventing German multinational Henkel AG & Co. KGaA (Henkel), the manufacturer of the industry-leading Loctite brand construction adhesives, from acquiring Loctite’s main competitor, Liquid Nails.
Reported by 1 outlet — FTC. See all sources ↓
Why it matters
A world story we're tracking; its significance and source trust firm up as more outlets confirm it.
In brief
- What's the story?
- The Federal Trade Commission secured an important victory in the fight to lower the cost of housing construction materials for Americans by preventing German multinational Henkel AG & Co. KGaA (Henkel), the manufacturer of the industry-leading Loctite brand construction adhesives, from acquiring Loctite’s main competitor, Liquid Nails.
- How widely is it covered?
- 1 outlet, average source rating 9.0/10.
- When was it last updated?
- 16m ago.
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Statement on FTC Win Blocking Loctite, Liquid Nails Construction Adhesive Merger
Sources1TypeCoverageFTC
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Sources (1)
Avg source rating 9.0/10Processing cluster
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