Serato and AlphaTheta have 'abandoned' deal – UK regulator

Serato and AlphaTheta have 'abandoned' deal – UK regulator
This deal is over, we'll never found out what it would have meant (Image: Serato)
Rebecca Howard
The United Kingdom's Competition and Markets Authority has announced that AlphaTheta and Serato have abandoned their proposed deal. The Competition and Markets Authority (CMA) said in a notice of cancellation of inquiry that it "has received written assurances from the parties that the proposed merger between ATC and Serato has been abandoned".Serato did not immediately respond to a request for comment Wednesday but had previously said it was considering all options.'Abandon the deal'In mid-2023, Serato anno...

More Retail

Rodd & Gunn breaches bank covenants amid overseas push
Retail

Rodd & Gunn breaches bank covenants amid overseas push

The men’s fashion retailer declared a negative working capital of $5.1 million.

Bendon posts $4.1m loss
Retail

Bendon posts $4.1m loss

The company's profit and revenue fell in the year to June.

John Anthony 02 Dec 2024
Auckland FC scores big on kit sales
Retail

Auckland FC scores big on kit sales

Briscoe Group's Rod Duke said the kit is a "bright light" in tough trading conditions.

Gregor Thompson 02 Dec 2024
Cactus Outdoor sews up jacket deal with global engineering firm
Retail

Cactus Outdoor sews up jacket deal with global engineering firm

Ghella grew to like Cactus gear while building $1.6 billion Auckland tunnel.

Gregor Thompson 29 Nov 2024