U.K. Hikes Merger Review Standard Up To $20M

Law360, New York (November 26, 2007, 12:00 AM EST) -- The United Kingdom's Office of Fair Trade has raised its threshold for mergers and acquisitions that must undergo review before gaining approval to $20.7 million, which is about 25 times higher than deals must currently be worth to attract an inquiry.

The OFT revised its guidelines for mergers affecting small markets earlier this month, after receiving strong support from law firms, trade groups, companies and individuals, during a public comment period in which many said the de minimis should be hiked even further.

Increasing the limit...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.