Kingspan Fined €40m for Misleading Data on Slovenian Deal

Sapo

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The European Commission imposed a fine of EUR 40 million on Kingspan for providing incorrect and misleading information during the analysis in 2021 of the planned acquisition of Trimo by Kingspan under the EU Merger Regulation. Kingspan eventually abandoned the operation, the institution announced in press release.

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On Thursday, the European Commission announced a fine of EUR 40 million to the Irish group Kingspan, which specializes in building materials, for the proportion of ‘incorrect’ or ‘misleading’ information to the Community services which in 2021 investigated their decision to purchase a Slovenian company, Trimo. In particular, Brussels considers that the group infringed [...] The Brussels entry fine of EUR 40 million to the Kingspan group for misl…

Noticias ao Minuto

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The European Commission fined Kingspan €40 million for providing misleading information during the investigation into the acquisition of Trimo, an operation abandoned in 2022.

teleborsa.it

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(Teleborsa) - The European Commission imposed a fine of EUR 40 million on Kingspan for providing incorrect and misleading information during the Commission's examination in 2021 of the...