China Fast-Track Merger Plan Unlikely To Speed Deal Reviews

Law360, New York (June 12, 2012, 10:46 PM EDT) -- A proposal by China's antitrust regulator to create a fast-track merger review system for simple transactions is unlikely to speed reviews in most cases because the threshold for qualifying mergers is too restrictive and the agency is chronically understaffed, attorneys said Tuesday.

The draft proposal, which the regulator began circulating to law firms and other stakeholders in late May, would create three separate categories of transactions with different timelines of review based on whether the deal qualifies as simple, normal or major.

But despite some of...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.