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Timescales for the approval of merger acquisition deals have grown in recent years, both in Europe and the United States. That would be a problem in any economic climate, creating uncertainty for customers, suppliers and key employees, but it is even more of an issue in these times of fast-moving change. The length of merger reviews far exceeds the formal timetable. The main reason in Europe is the length of time needed to assemble a notification containing all of the information that the European Commission requires.
Continue reading The Times editorial.