Commission Approval For Microsoft’s $7.5 Billion Github Acquisition CASE M.8994 – MICROSOFT / GITHUB

Commission Approval For Microsoft’s $7.5 Billion Github Acquisition CASE M.8994 – MICROSOFT / GITHUB

January 2019 CPI EU News Column edited by Thibault Schrepel, Sam Sadden & Jan Roth (CPI) presents: Commission Approval For Microsoft’s $7.5 Billion Github Acquisition CASE M.8994 – MICROSOFT / GITHUB By Pim Jansen (Van Doorne N.V.)1 Click here for a PDF version of the article   On October 19, 2018, following its phase I investigation, […]

India: Vodafone/Idea merger wins conditional approval

India: Vodafone/Idea merger wins conditional approval

Vodafone India, along with Kumar Mangalam Birla-owned Idea Cellular, settled government dues worth 72 billion rupees (US$1 billion) earlier this week to get the final approval for their merger from the Department of Telecommunications. “In India, where competition remains intense, we have now received conditional approval from the Department of Telecom for the Vodafone-Idea merger, […]

UK: Wood offers to sell majority of Amec’s UK oil for merger approval

UK: Wood offers to sell majority of Amec’s UK oil for merger approval

Wood Group has offered to sell the majority of Amec Foster Wheeler’s upstream oil and gas business located in the UK, in an effort to receive clearance for the £2.2bn ($2.8bn USD) proposed takeover of its smaller rival. Critics had warned that Aberdeen-based Wood could face a lengthy battle to persuade regulators that a combined […]

US: Walgreens-Rite Aid clock runs down with no extension

US: Walgreens-Rite Aid clock runs down with no extension

Walgreens Boots Alliance Chief Executive Officer Stefano Pessina says he still believes in his company’s purchase of Rite Aid, but declined to say whether the companies will extend the deal just three days from their agreed deadline to complete the merger. The acquisition hasn’t yet received antitrust approval from the Federal Trade Commission, and Walgreens […]

South Africa: Gupta associate gets green light to buy bank

South Africa: Gupta associate gets green light to buy bank

The Competition Commission has given the green light to a bid by Salim Aziz Essa, a business associate of the Gupta family, and businessman Hamza Farooqui to acquire the South African assets of Habib Overseas Bank. The anti-trust body said on Sunday it had approved without conditions the merger whereby the newly formed Vardospan intended […]

EU: Syngenta CEO expects regulatory approval for ChemChina

EU: Syngenta CEO expects regulatory approval for ChemChina

Syngenta Chief Executive Erik Fyrwald expects regulatory approval soon for ChemChina’s proposed $43 billion takeover of the Swiss pesticides and seeds group, he said on Monday. “I am very confident that we will finish the deal. We are making a lot of progress,” he told broadcaster CNBC in an interview from the World Economic Forum […]

US: Trump’s CEO meetings raise concerns

US: Trump’s CEO meetings raise concerns

President-elect Donald Trump’s meetings with CEOs seeking federal approval for major mergers are raising red flags for ethics lawyers concerned about the possible erosion of a firewall between the incoming White House and regulators reviewing those billion-dollar deals. Trump met this past week with the heads of German chemical company Bayer and seed and herbicide […]

Germany/US: Bayer, Monsanto CEOs meet with Trump on merger

Germany/US: Bayer, Monsanto CEOs meet with Trump on merger

The chief executive officers of German chemical giant Bayer and US seed behemoth Monsanto, Werner Baumann and Hugh Grant, are in New York pressing their case with President-elect Donald Trump to approve the massive merger between the two entities and to tout the creation of US jobs if the deal goes through, people with direct […]

Mega-Mergers: Key Considerations to Take to Get your Deal Through

Mega-Mergers: Key Considerations to Take to Get your Deal Through

By Nikolaos Peristerakis, Tom McGrath & Fay Zhou – While there appears to be a consensus among regulators and practitioners that “big is not necessarily bad” when it comes to merger transactions, mega-mergers will attract much more intense scrutiny, both on antitrust and non-antitrust grounds, by regulators that increasingly cooperate with each other, often at a […]

Antitrust Risk Re-assessment in Newly Concentrated Markets: Practical Ways to Preserve Freedom from Investigation

Antitrust Risk Re-assessment in Newly Concentrated Markets: Practical Ways to Preserve Freedom from Investigation

By Samantha Mobley & Grant Murray – This article explores what sorts of compliance precautions a company can consider when it finds itself in a highly concentrated market and may be more vulnerable to complaints and investigation. It provides practical suggestions on how to deal with information exchange and trade associations to play a bigger role, […]