The Singaporean Competition Authority consults on the proposed acquisition of a glass and ceramics company by a company engaged in the manufacturing of crucibles for semi-conductor devices (Momq / CoorsTek)

CCCS consults on the Proposed Acquisition by MOMQ Holding Company of CoorsTek KK.’s Crucibles Business* 1. The Competition and Consumer Commission of Singapore (“CCCS”) is inviting public feedback on the proposed acquisition by MOMQ Holding Company (“Momentive”) of CoorsTek KK.’s (“CoorsTek”) crucibles business (the “Target Business”) (the “Proposed Transaction”). 2. CCCS accepted an application from Momentive and CoorsTek (the “Parties”) on 26 August 2022 for a decision on the Proposed Transaction. CCCS is now assessing whether the Proposed Transaction, if carried into effect, would infringe section 54 of the Competition Act 2004, which prohibits

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Singaporean Competition Authority, The Singaporean Competition Authority consults on the proposed acquisition of a glass and ceramics company by a company engaged in the manufacturing of crucibles for semi-conductor devices (Momq / CoorsTek), 30 August 2022, e-Competitions August 2022, Art. N° 108631

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