Interesting Mergers and Acquisitions

The European Union agreed in merger regulation in 1989. This defined circumstances in which a merger would have a European dimension and come under the roles of the European Union, and when a merger would be decided by national bodies.

In one case, in particular, the commission vetoed the takeover of the De Havilland, a Canadian aircraft maker, by a French aerospace company and Alenia from Italy. On the other hand, objections to the Nestlé’s takeover of Perrier had little effect and Nestlé’s and BSN of France now control over 75% of the French mineral water market. In the UK, … Read more at 2011 Taxes.