Siemens-Dresser-Rand phase 2 review unnecessary

• Autores: Lizzie Meager
• Localización: International financial law review, ISSN-e 0262-6969, Vol. 34, Nº. 31 (8/17/2015), 2015
• Idioma: inglés
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• Resumen

  • The article discusses lawyers' queries over the necessity of the European Commission's (EC) interference in Siemen's acquisition of Dresser-Rand and why the Commission took such a close look at the deal when the parties' major activities fall outside the European Union (EU). It notes that Siemen's acquisition of Dresser-Rand was approved unconditionally by the European Commission on June 29, 2015 and how the deal showed that negotiations with antitrust authority can lead to favourable terms