Competition Bureau advances an investigation into BWX Technologies’ proposed acquisition of Kinectrics

News Competition Sanctions & Fines

Date: 7th May, 2025 Source: Competition Bureau Country: Canada Original Source

Brief

On May 7, 2025, the Competition Bureau issued an update regarding the Competition Bureau advances an investigation into BWX Technologies' proposed acquisition of Kinectrics. The Bureau obtained court orders to gather information from three market participants in Canada's nuclear medicine sector: Bruce Power, Ontario Power Generation (OPG), and Framatome Canada. This move aims to determine whether the acquisition will result in a substantial lessening or prevention of competition.

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Competition Bureau advances an investigation into BWX Technologies’ proposed acquisition of Kinectrics

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Competition Bureau advances an investigation into BWX Technologies’ proposed acquisition of Kinectrics

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