Court Permanently Enjoins Henkel From Buying Liquid Nails
A U.S. judge permanently enjoined Henkel from acquiring A-Paint Topco, which owns Liquid Nails, siding with the FTC’s challenge under Section 7 of the Clayton Act. The proposed $725 million deal would have combined Henkel’s Loctite construction adhesives with a main competitor, with the FTC alleging it would reduce competition and harm U.S. consumers.