You are here

Big M&As at the mercy of EU watchdog

EU's requests for hundreds of thousands of internal documents make time stand still

BT_20171114_SYMERGE14_3174993.jpg
In Bayer's case, EU regulators lifted its second suspension earlier this month and announced they had pushed back their deadline to review the deal by six weeks until March 5. The delays were also a nuisance for Bayer who had insisted it could close its Monsanto deal this year.

Paris

IF TIME is money, big M&As are getting a lot costlier in the European Union thanks to a tactic increasingly deployed by the bloc's merger watchdogs in Brussels.

Bayer AG's bid for Monsanto Co is just one of a growing number of deals stalled by regulators stopping the

sentifi.com

Market voices on:

Powered by GET.comGetCom