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Spain: Despite concerns, no concessions expected for Cemex-Holcim tie-up (Competition Policy International)

by 21st Century Competition | Aug 4, 2014 | Global Blogs

Despite earlier reports that suggested the European Commission voiced concerns over cement giant Cemex’s plans to acquire Holcim’s Spanish operations, another source said Monday that regulators will approve of the merger without concessions. Reports say...

India: Focus turns to pay-for-delay (Competition Policy International)

by 21st Century Competition | Aug 4, 2014 | Global Blogs

Indian regulators have turned their attention to pay-for-delay agreements, making the nation the latest to scrutinize such agreements that have particular impact on the pharmaceutical industry. According to reports, the Competition Commission of India is examining...

Netherlands: Liberty Global’s cable takeover review halted (Competition Policy International)

by 21st Century Competition | Aug 4, 2014 | Global Blogs

The European Commission has reportedly decided to temporarily halt its investigation into US cable giant Liberty Global’s plans to acquire Netherlands-based peer Ziggo as officials seek more information from the companies. Reports say the Commission is looking...

UK: HSBC profits cut by 13% amid ‘unprecedented’ regulatory scrutiny (Competition Policy International)

by 21st Century Competition | Aug 4, 2014 | Global Blogs

UK bank HSBC has reported a pre-tax profit of about $6.2 billion for the first half of the year, down 13 percent from the same time last year, according to reports. In its report, HSBC says that the bank is facing “significant fines or sanctions” in the wake of...

US: T-Mobile unlikely to accept surprise Iliad bid (Competition Policy International)

by 21st Century Competition | Aug 4, 2014 | Global Blogs

While France wireless operator Iliad’s offer to acquire T-Mobile for $15 billion would likely face fewer regulatory obstacles than Sprint’s bid, unnamed sources say T-Mobile parent company Deutsche Telekom is unimpressed by the offer. Iliad surprised the...

EU: Siemens, Rolls-Royce engineering deal cleared (Competition Policy International)

by 21st Century Competition | Aug 4, 2014 | Global Blogs

The European Commission announced Monday that it has offered approval for a tie-up between Germany’s Siemens and Rolls-Royce assets, according to reports. Siemens will acquire Rolls-Royce for $1.3 billion in a move, the company says, will further cement the...
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