The EU has published guidelines for the biggest overhaul of rules governing mergers since 2004. However, commentators are warning that loosening the M&A code may create new risks and still not deliver the “mega companies” that proponents seek. And EU officials appear divided. Where does this leave compliance teams?
The draft guidelines to the revised EU M&A rules were published on April 30. However, the Financial Times published an article on April 16 highlighting the EU’s intention to build “European global champion” companies, based on an advance version of the text.
