JD Supra: Mergers

MAY 2, 2024

On 25 April 2024, the UK Competition and Markets Authority (CMA) announced reforms to its in-depth merger control review process (the Phase 2 review). The updates include: - An expanded de minimis exception. The CMA will have the discretion not to refer for in-depth review markets with a UK value of less than £30 million.

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JD Supra: Mergers

APRIL 29, 2024

The Background: The Australian Federal Treasurer recently announced sweeping reforms to Australia's merger review regime.

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JD Supra: Mergers

MAY 1, 2024

The FDIC proposed revisions last month to its existing policy on how it evaluates merger transactions that require the FDIC's approval under the Bank Merger Act (BMA). By: Venable LLP

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JD Supra: Mergers

APRIL 18, 2024

The Australian Treasurer has announced the introduction of a mandatory suspensory merger control regime to come into effect on 1 January 2026. The reforms introduce significant procedural changes, limited appeal rights and greater scrutiny of creeping acquisitions and acquisitions by dominant firms. By: White & Case LLP

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JD Supra: Mergers

MARCH 22, 2024

Today, a divided Federal Deposit Insurance Corporation’s (FDIC) Board of Directors issued a proposed Statement of Policy (SOP) on bank merger transactions that would create a combined bank with more than $100 billion in assets. By: Troutman Pepper

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JD Supra: Mergers

FEBRUARY 9, 2024

Global merger control enforcement has become more interventionist across Europe, the US, Middle East and Australia, with antitrust regulators increasingly inclined to scrutinize and challenge mergers. The arrival of the FSR in the EU together with the increased global FDI scrutiny add a new layer of. By: White & Case LLP

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JD Supra: Mergers

APRIL 1, 2024

On March 21, the FDIC issued a request for comment on its proposed Statement of Policy (SOP) on bank merger transactions, which will aim to update, strengthen, and clarify the FDIC’s approach to bank merger evaluation. The new SOP will replace the FDIC’s current SOP on its responsibilities under the Bank Merger Act (BMA) or.

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JD Supra: Mergers

MARCH 12, 2024

Activision Blizzard1 (“Opinion”) that called into question established market practices for mergers, including (i) the process for obtaining board approval of a merger agreement, and (ii) the contents of the notice of the stockholders’ meeting to approve the merger agreement. By: Allen & Overy LLP

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JD Supra: Mergers

APRIL 17, 2024

The Energy Act 2023 introduces a new UK merger control regime under which all mergers between energy network companies active in the UK can be assessed for their impact on Ofgem’s ability to make comparisons between energy networks. What has changed? Transactions can be blocked/unwound where such impact is found to be prejudicial.

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JD Supra: Mergers

MARCH 13, 2024

billion merger between supermarket giants Kroger and ACI, the parent company of Albertsons and Safeway, among other brands. The FTC has initiated two challenges to the merger on parallel tracks, filing a charge before the FTC’s administrative tribunal and a complaint in the U.S.

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JD Supra: Mergers

MAY 3, 2024

For the first time in two decades, the UK Court of Appeal has ruled on the substantive standard of judicial review to be applied by the Competition Appeal Tribunal (CAT or Tribunal) in UK merger cases. By: Skadden, Arps, Slate, Meagher & Flom LLP

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JD Supra: Mergers

MAY 1, 2024

In the intricate processes of mergers and acquisitions, the focus often lands squarely on financials, asset management, and strategic alignments.

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JD Supra: Mergers

MAY 2, 2024

In this insightful episode of our Employee Benefits and Executive Compensation Considerations in Mergers and Acquisitions podcast series, attorneys Paul Porretta and Christopher Stock delve into the complex world of multiemployer pension plans.

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JD Supra: Mergers

APRIL 5, 2024

According to research from Harvard Business Review, the vast majority—between 70 and 90 percent—of mergers and acquisitions fail. Successful corporate transitions begin by anticipating potential challenges. By: Dunlap Bennett & Ludwig PLLC

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JD Supra: Mergers

FEBRUARY 8, 2024

On January 29, the Office of the Comptroller of the Currency (OCC) issued a Notice of Proposed Rulemaking for Business Combinations Under the Bank Merger Act.

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JD Supra: Mergers

DECEMBER 21, 2023

On December 18, 2023, the Federal Trade Commission (“FTC”) and the Department of Justice Antitrust Division (“DOJ”) released final revisions to the Merger Guidelines (the “2023 Merger Guidelines”) that frame the agencies’ approach to evaluating mergers and acquisitions under the antitrust laws. By: Paul Hastings LLP

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JD Supra: Mergers

DECEMBER 28, 2023

The Merger Guidelines lower the market concentration threshold for the presumption that a merger is illegal. Deals that place combined market shares above 30 percent with a significant increase in concentration are considered presumptively illegal. By: Dechert LLP

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JD Supra: Mergers

APRIL 8, 2024

The Egyptian pre-closing merger control regime will go into full effect on 1 June 2024. The Egyptian Competition Law was amended in December 2022 to introduce a new pre-closing merger control regime, but its enforcement was suspended pending implementation. On 4 April 2024, the Prime Minister issued Decree No.

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JD Supra: Mergers

APRIL 11, 2024

On March 21, 2024, the Federal Deposit Insurance Corporation (“FDIC”) approved a Federal Register notice seeking public comment on its proposal to revise its current Statement of Policy on Bank Merger Transactions. By: Seyfarth Shaw LLP

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Mergers Bank Banking Insurance 172

JD Supra: Mergers

JANUARY 30, 2024

China has finally published the long-awaited amendments to its merger control filing thresholds, which will materially impact companies considering mergers, acquisitions and joint ventures this year. million) in.

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Mergers Mergers and Acquisitions Acquisitions IT 172

JD Supra: Mergers

DECEMBER 29, 2023

On December 18, 2023, the Federal Trade Commission (“FTC”) and the Department of Justice (“DOJ”) (collectively, the “Agencies”) published the long-awaited final 2023 Merger Guidelines. By: Mintz - Antitrust Viewpoints

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JD Supra: Mergers

APRIL 5, 2024

On March 21, the Federal Deposit Insurance Corporation (FDIC) published for comment a proposal (Proposal) to revise its Statement of Policy on Bank Merger Transactions (SOP). If adopted as proposed, the Proposal would modify the SOP substantially, effectively creating an entirely new policy.

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Mergers Bank Banking Insurance 161

JD Supra: Mergers

APRIL 22, 2024

On April 10, the OCC announced a notice published in the Federal Register extending the comment period for the OCC’s proposed rule on bank mergers. The NPRM titled, “Business Combinations under the Bank Merger Act,” was originally published on February 14. By: Orrick, Herrington & Sutcliffe LLP

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Mergers Bank Banking Business 149

JD Supra: Mergers

APRIL 29, 2024

The proposed merger would combine three major fashion brands: Coach and Kate Spade from Tapestry, and Michael Kors from Capri. The Federal Trade Commission (FTC) on April 22, 2024, filed an administrative complaint to block Tapestry, Inc.'s s acquisition of Capri Holdings Limited, a deal valued at $8.5 By: MoginRubin LLP

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JD Supra: Mergers

MARCH 12, 2024

On December 18, 2023, the Federal Trade Commission and Department of Justice, Antitrust Division (together, “the Agencies”) jointly released a significant revision and expansion to the federal Merger Guidelines (the “Guidelines”), the document that lays out the framework for how the Agencies analyze mergers for potential antitrust concerns.

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JD Supra: Mergers

JANUARY 3, 2024

On December 18, 2023, the Department of Justice (DOJ) and the Federal Trade Commission (FTC) issued the final version of new merger review guidelines (Merger Guidelines), five months after the agencies published a draft for public comment.

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Mergers Mergers and Acquisitions Trading Acquisitions 167

JD Supra: Mergers

JANUARY 24, 2024

On January 22, 2024, the Federal Trade Commission (FTC) announced its annual update to the dollar thresholds for merger filings required by the Hart-Scott-Rodino Antitrust Improvements Act (HSR Act), along with new filing fees for merger notification filings. By: Kilpatrick

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JD Supra: Mergers

FEBRUARY 19, 2024

Introduction - On 29 January 2024, the Office of the Comptroller of the Currency (OCC) issued a notice of proposed rulemaking (NPR) regarding its review of Bank Merger Act (BMA) applications. By: K&L Gates LLP

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JD Supra: Mergers

FEBRUARY 8, 2024

merger notification thresholds and substantially increased filing fees take effect on March 6, 2024. These thresholds determine which mergers and acquisitions must be reported to the federal government before consummation. Annual increases in U.S.

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JD Supra: Mergers

MARCH 29, 2024

Since 2020, our antitrust/competition practice has expanded the Dechert Antitrust Merger Investigation Timing Tracker (DAMITT) to include Germany and France. This supplements DAMITT’s U.S.

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Mergers 155

JD Supra: Mergers

DECEMBER 22, 2023

The US Department of Justice (DOJ) and Federal Trade Commission (FTC) released new Merger Guidelines on December 18, 2023—dramatically expanding the number and type of transactions that the agencies will consider presumptively unlawful. By: Morgan Lewis

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JD Supra: Mergers

DECEMBER 20, 2023

Department of Justice (the “Agencies”) jointly released new Merger Guidelines (the “Guidelines”), setting forth the analytical framework the Agencies will use to review proposed mergers and acquisitions. By: Vinson & Elkins LLP

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Mergers Mergers and Acquisitions Trading Acquisitions 155

JD Supra: Mergers

DECEMBER 22, 2023

Department of Justice (DOJ) and the Federal Trade Commission (FTC) issued new Merger Guidelines that explain how both agencies will analyze whether potential transactions may violate the antitrust laws. The Merger Guidelines have been in. 18, 2023, the U.S. By: McGuireWoods LLP

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TechCrunch: M&A

MARCH 22, 2024

s Competition and Markets Authority (CMA) has confirmed that it’s launching a formal “phase 2” investigation into the planned merger between Vodafone and Three UK. The CMA says that the deal could lead to higher prices for consumers, while also impact future infrastructure investments.

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JD Supra: Mergers

DECEMBER 20, 2023

On December 18, 2023, the Department of Justice ("DOJ") and Federal Trade Commission ("FTC") published in final form the long-awaited 2023 Merger Guidelines. The final 2023 Merger Guidelines adopt—with some significant changes—the draft Guidelines released by the agencies in July 2023. By: White & Case LLP

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JD Supra: Mergers

NOVEMBER 2, 2023

Hospital mergers have been an increasing trend in the healthcare markets over the past decade, with many proponents of these mergers believing that the overall consolidation of hospital services provides better outcomes for patients at large, and opponents arguing that these mergers only result in increased costs to patients.

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JD Supra: Mergers

MARCH 11, 2024

On December 18, 2023, The Federal Trade Commission and Antitrust Division of the Department of Justice concluded a nearly two-year process of updating both the horizontal and vertical merger guidelines with the release of the 2023 Merger Guidelines.

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