September 12, 2018
A District of Columbia federal court on Wednesday disclosed why it approved the Federal Trade Commission's bid to temporarily block Tronox from completing its planned $2.4 billion purchase of Saudi-owned chemical mining company Cristal last week, writing that the agency has shown that the deal would "substantially" reduce competition for titanium dioxide.
September 05, 2018
A D.C. federal judge on Wednesday granted the Federal Trade Commission's request to temporarily block Tronox from completing its planned $2.4 billion purchase of Saudi-owned chemical mining company Cristal while waiting for an FTC in-house judge to rule on the deal's legality.
August 07, 2018
Mining and chemical company Tronox Ltd. squared off in D.C. federal court Tuesday against the Federal Trade Commission's effort to stall its $2.4 billion acquisition of Saudi Arabia-based Cristal, telling a federal judge that the government is unlikely to win an order that would quash the deal.
July 26, 2018
A Federal Trade Commission attorney took issue Thursday with proffered testimony from Tronox Ltd.'s CEO challenging the agency's reasons for trying to freeze a $2.4 billion purchase of Saudi-owned chemical mining company Cristal, arguing in D.C. federal court the FTC is simply doing its job combating potential anti-competitive harm.
July 24, 2018
Tronox Ltd. has told a D.C. federal court that the Federal Trade Commission can't freeze its $2.4 billion purchase of Saudi-owned chemical mining company Cristal because the agency's own in-house judge is skeptical of the regulator's efforts to block the deal.
July 20, 2018
Saudi-owned chemical mining company Cristal has ripped the Federal Trade Commission for holding up its proposed $2.4 billion merger with Tronox Ltd., accusing the agency of trying to run out the clock on the deal before the merits of the merger can be examined.
July 13, 2018
Tronox Ltd. has urged a D.C. federal court to reject the Federal Trade Commission's bid to pause the company's $2.4 billion purchase of Saudi-owned chemical mining company Cristal, saying the agency is trying to block the deal by running out the clock through a lengthy administrative proceeding.
July 10, 2018
The Federal Trade Commission asked a D.C. federal court on Tuesday to stop Tronox Ltd. from completing its planned $2.4 billion purchase of Saudi-owned chemical mining company Cristal, as the sides await a ruling from an administrative law judge on the merger's legality.