PITTSBURGH — WESCO International, Inc. (NYSE: WCC) has announced it received approval from Mexico on April 30, 2020 for its planned merger with Anixter International. Notification of the Merger was filed in Mexico on February 10, 2020.
Receipt of this approval satisfies one of the conditions to the closing of the proposed transaction, which remains subject to regulatory clearance from Canada. The parties have also filed notifications seeking approval under the antitrust laws of Chile, but the receipt of approval in Chile is not a condition to the closing of the merger.
Approval or clearance has previously been received under the antitrust laws of the United States, Russia and Turkey. The parties expect to complete the merger in the second or third calendar quarter of 2020.
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