Welbilt Gets OK From UK’s Competition & Markets Authority To Proceed With Merger With Ali Group

Welbilt Inc., the New Port Richey, Fla.-based foodservice equipment company, has cleared the final regulatory hurdle to its proposed sale to Ali Group, the Milan, Italy-based company. The UK’s Competition & Markets Authority issued a final ruling on the case July 19, and stated that the “proposed remedy” of its proposed sales of Manitowoc Ice…