Minority Acquisitions under Merger Control Scrutiny in Norway – Key Learnings from the Recent Sector Alarm/Nokas Case
Abstract In its recent decision V2018-22 the Norwegian Competition Authority (‘NCA’) approved – subject to remedies – the acquisition by Sector Alarm AS (“Sector”) of the small systems business of Nokas AS (“Nokas”) in the household alarm market and a non-controlling 49,99 % stake in Nokas. The decision marks the first ever intervention against minority…