E.U. Renews Opposition To Blocking Takeovers

Law360, New York (September 6, 2006, 12:00 AM EDT) -- As the French parliament prepares to debate an energy bill that will decide whether the proposed Gaz de France-Suez merger goes through, the European Commission has once again come out against the blocking of takeovers by a government.

Private company Suez first revealed in February that it had the backing of the French government for a merger with state-controlled Gaz de France. Since the announcement arrived just days after Italy’s Enel SPA expressed interest in acquiring Suez, the proposed merger is widely viewed as an attempt...
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.