China Continues To Demonstrate Merger Control Prowess
October 30, 2013, 6:25 PM EDT
Law360, New York (October 30, 2013, 6:25 PM EDT) -- While a vast majority of transactions submitted to the Anti-Monopoly Bureau of the Ministry of Commerce (MOFCOM) for merger review are unconditionally cleared, China appears to be strengthening its grip on the implementation of international merger and acquisition transactions by increasingly imposing a variety of conditions on such transactions.
So far this year, four transactions were conditionally cleared by MOFCOM, all of which were transactions that were effected outside of mainland China, namely: (1) the acquisition of Xstrata PLC by Glencore International PLC, (2) the acquisition...
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