regulatory
confidence high
sentiment neutral
materiality 0.65
Valvoline receives FTC Second Request for Breeze Autocare acquisition
VALVOLINE INC
- Valvoline and Greenbriar each received a Second Request from FTC under HSR Act review.
- HSR waiting period extended until 30 days after substantial compliance with Second Request.
- Closing expected in second half of fiscal 2025, subject to HSR clearance and customary conditions.
- Deal to acquire Breeze Autocare (Oil Changers stores) previously announced on Feb 17, 2025.