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FTC 在 50 亿美元制服交易中亮剑FTC flexes its muscles on $5 billion uniform deal

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尤里·格里帕斯/路透社Yuri Gripas/Reuters

据知情人士透露,联邦贸易委员会已向正寻求以 50 亿美元收购竞争对手 Unifirst 的 Cintas 表明,将提起诉讼以阻止该交易。

The Federal Trade Commission has indicated to Cintas, which is seeking to buy its rival Unifirst in a $5 billion deal, that it will sue to block the transaction, according to people familiar with the matter.

知情人士称,监管机构尚未就该决定进行投票,正式的“最后通牒”会议也尚未召开,但 FTC 工作人员已私下表达了对两家公司合并后市场份额的担忧。

The regulator has not voted on the decision, and a formal “last-rites” meeting has not yet been held, some of the people said, but FTC staff have privately expressed concerns over the companies’ combined market“The FTC has not voted on a final decision in this transaction. Any decision will not be communicated through the press,” a spokesperson said.

“FTC 尚未就该交易做出最终决定投票。任何决定都不会通过媒体传达,”一位发言人表示。Cintas 未回应置评请求。

Cintas did not respond to requests for comment.

Cintas 是一家市值 840 亿美元的巨头,为全美企业提供制服、清洁用品和办公物资;Cintas 已寻求收购从事相同业务的较小竞争对手 Unifirst 多年。在 Semafor 报道 FTC 将寻求阻止交易后,Unifirst 股价下跌 12%,Cintas 股价下跌 6%。

Cintas is an $84 billion giant that provides uniforms, cleaning supplies, and office materials to businesses across the country; Cintas had sought to buy Unifirst, a smaller rival that operates in the same businesses, for years. Unifirst shares dropped 12% after Semafor reported that the FTC would seek to block the deal; Cintas shares fell 6%.

提起诉讼将与许多交易制定者和公司认为 FTC 和司法部反垄断部门将对所有并购采取轻触式监管的观点背道而驰。另一个值得注意的例子:特朗普政府批准了 Paramount 以 1100 亿美元收购 Warner Bros. Discovery,尽管面临工作人员的严格审查,但最终仍获联邦反垄断监管机构批准。

A lawsuit would run counter to the notion of many dealmakers and companies that the FTC and the Justice Department’s antitrust division will take a light-touch approach to all mergers. Another notable example: the Trump administration’s approval of Paramount’s $110 billion acquisition of Warner Bros. Discovery, which faced intense staff scrutiny but was ultimately approved by federal antitrust regulators.

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