China SAMR clears POSCO, Jingrui JVs and other deals

TREE NEWS update: China’s State Administration for Market Regulation (SAMR) unconditionally approved a batch of concentration-of-undertakings cases between Aug 24-30, 2026. The list includes POSCO Holdings’ acquisition of Li Holdco Pty Ltd, a new joint venture between Jingrui Electronic Materials and Sinopec Shanghai Gaoqiao Petrochemical, and AISG Labs’ purchase of INCLOO Technology. Other approvals cover Shandong Jixin’s acquisition of Jiangsu Changlv Aluminum and ConocoPhillips Iraq’s purchase of BP Kirkuk Energy shares.