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Sweden/Italy: $3.1B deal propels pharmaceutical consolidation (Competition Policy International)

by 21st Century Competition | Jul 31, 2014 | Global Blogs

The world’s pharmaceutical industry continued its trend of consolidation Thursday as Sweden-based drug company Meda announced plans to acquire Italy’s Rottapharm for $3.1 billion. Reports say the takeover marks the largest merger ever struck in...

US: AMC, BBC discuss a deal (Competition Policy International)

by 21st Century Competition | Jul 31, 2014 | Global Blogs

AMC Networks is reported to be in merger discussions with BBC America, a tie-up that would join two already collaborative television groups. According to reports, the owner of AMC, SundanceTV and IFC is seeking an acquisition of 50 percent in BBC-owned BBC America,...

France: Numericable, SFR brings major competition concerns (Competition Policy International)

by 21st Century Competition | Jul 31, 2014 | Global Blogs

Competition authorities in France are reportedly planning an investigation into the proposed acquisition of telco SFR by cable operator Numericable. Numericable won out in a bidding war to acquire SFR from current owner Vivendi. Vivendi reportedly chose Numericable to...

US: Sprint, T-Mobile hit the breaks on merger (Competition Policy International)

by 21st Century Competition | Jul 31, 2014 | Global Blogs

The latest reports in Sprint’s efforts to acquire T-Mobile and create a new, third-place wireless player in the US industry say the companies are not putting their merger plans on hold. Reports say Sprint parent SoftBank is not looking to strike an acquisition...

US: Sprint faces surprise T-Mobile merger competition (Competition Policy International)

by 21st Century Competition | Jul 31, 2014 | Global Blogs

French telecommunications giant Iliad is reportedly looking to acquire a majority stake in US-based T-Mobile despite news that Sprint is seeking a merger with the wireless company. Iliad, France’s fourth-place wireless operator, confirmed Thursday that it...

EU: Bank overhaul propels single payment zone (Competition Policy International)

by 21st Century Competition | Jul 31, 2014 | Global Blogs

The European Commission announced Thursday that EU banks are set to finalize an overhaul by Friday that will standardize payment processing and remove any distinctions between cross-border or domestic transfers, say reports. The Commission’s announcement says...
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