The Competition and Consumer Commission of Singapore (“CCCS”) has cleared the proposed acquisition by SembWaste Pte. Ltd. (“SembWaste”) of 100% issued shares of Veolia ES Singapore Pte. Ltd. (“VESS”) (collectively, the “Parties”) from Veolia Environmental Services Asia Pte. Ltd. (the “Proposed Transaction”).

Following its assessment, CCCS has concluded that the Proposed Transaction, if carried into effect, will not infringe the section 54 prohibition of the Competition Act (Cap. 50B) (the “Act”).

Read the full media release here.