Tuesday Ticker: Tesla Model Y dominates European car sales; U.K. watchdog investigates LKQ, Uni-Select deal
Toronto, Ontario — This week, Tesla marks a milestone with the Model Y while LKQ and Uni-Select reconvene to tackle concerns from the United Kingdom Competition and Market Authority. The Y in Europe The Tesla Model Y was Europe’s best-selling vehicle in the first half of 2023, according to numbers from DataForce. A total of […]
Finish Line in Sight: Uni-Select achieves Investment Canada Act approval in LKQ acquisition process
Toronto, Ontario — Uni-Select announced Thursday its receipt of approval under the Investment Canada Act, moving the company one step closer to closing its acquisition deal with LKQ and its numbered company. “The above-mentioned approval satisfies the closing condition regarding the Investment Canada Act set forth in the arrangement agreement between Uni-Select, LKQ Corporation and […]
Checks and Balances: Uni-Select, LKQ acquisition passes antitrust requirements, awaiting U.K. approval
Boucherville, Québec — Uni-Select and LKQ say they are pleased to announce they have gotten the green light from the Canadian Competition Bureau to go forward with LKQ’s acquisition of Uni-Select, first announced in February. Additionally, the waiting period mandated under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired, meaning that Uni-Select has achieved […]
