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Mergers and Acquisitions

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States in HPE-Juniper US Tunney Act review granted discovery on public interest December 31, 2025 | Curtis Eichelberger

The judge overseeing the Tunney Act review of the US government’s merger settlement with Hewlett Packard Enterprise and Juniper Networks said intervening states can pursue discovery, but it must be targeted to... (more story)

Saipem, Subsea7 rivals, customers queried anew on deal in Brazil December 31, 2025 | Flavia Fortes

Rivals and customers of Saipem and Subsea7 have received new queries from the Brazilian competition authority about the oilfield service firms’ deal. The agency asked companies to provide technical, operationa... (more story)

Palo Alto Networks receives Austrian clearance for CyberArk buyout December 29, 2025 | Jean Comte

US cybersecurity company Palo Alto Networks’ planned $25 billion acquisition of Israeli identity‑security specialist CyberArk Software has received clearance from the Austrian competition authority. Palo Alto ... (more story)

L’Oréal, Kering seek Austrian approval for ‘strategic’ tie-up December 29, 2025 | Nicholas Hirst

L’Oréal’s “long-term strategic partnership” with luxury giant Kering has been notified to Austria’s competition authority for approval. The regulator has until Jan. 18 to issue an initial verdict on the deal.

China's SAMR cites new merger-penalty benchmarks in 4th gun-jumping case this year December 25, 2025 | MLex Staff

China’s top merger-control regulator has fined two Zhejiang companies a combined 1.7 million yuan ($240,000) for gun-jumping, its fourth publicly disclosed unlawful merger case this year. For the first time si... (more story)

EU told Prosus to sell down Delivery Hero stake faster in Just Eat merger review December 24, 2025 | Lewis Crofts and Nicholas Hirst

Prosus was given six months less than it had before to reduce its 27 percent holding in Delivery Hero, as part of discussions with the European Commission over acquiring Just Eat Takeaway.com. The tech investo... (more story)

Skyworks intends to pull, refile Qorvo HSR paperwork, US SEC filing says December 23, 2025 | Wesley Brown

Skyworks and Qorvo intend to pull and refile Hart-Scott-Rodino Act premerger notification filings in early January, according to a securities filing. The companies filed their notification forms with the US Fe... (more story)

Epta files Hauser acquisition for EU clearance December 23, 2025 | Jean Comte

Commercial refrigeration system maker Epta has requested European Commission authorization for its intended acquisition of Hauser, which supplies commercial refrigeration and related equipment for food retail.... (more story)

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CFIUS politicization, state CFIUS copycats foreshadow 2026 December 31, 2025 | Curtis Eichelberger

The curtain was pulled back on the Committee on Foreign Investment in the United States in 2025, bringing an end to any illusions about the national security review being above the political fray.

In 2025, Brazil’s CADE recorded no blocks, acted mostly on national merger cases December 31, 2025 | Flavia Fortes, Henrique Santiago and Maria Júlia Baumert

Brazil’s antitrust authority closed out 2025 without blocking a single transaction, focusing its merger control enforcement actions mostly on domestic deals. While the absence of prohibitions underscored a gen... (more story)

US FTC's Meador calls out 'weird gamesmanship' by antitrust lawyers December 30, 2025 | Khushita Vasant

Gamesmanship by certain law firms involved in antitrust or merger cases continues to impede competition enforcers, and such misbehavior ought to be publicly challenged, according to Mark Meador, the most recen... (more story)

US merger enforcement returned to tradition in 2025, but politicization threats loom December 30, 2025 | Flavia Fortes and Curtis Eichelberger

US merger enforcement in 2025 is showing clear signs of a return to long-standing legal and economic principles after a period of change in enforcement policy — but that reset remains fragile. As antitrust age... (more story)

Japan's antitrust watchdog shapes 2026 agenda around SME protection, digital rules December 30, 2025 | Sachiko Sakamaki

Japan’s antitrust watchdog is set to recalibrate its enforcement in 2026, stepping up protection for smaller businesses and policing Big Tech under a new smartphone law, as debates emerge over how competition ... (more story)

US FTC’s 2025 merger trial defeats yielded caselaw windfall for defendants December 29, 2025 | Ilana Kowarski

US Federal Trade Commission merger trial litigators received two unfavorable district court rulings in 2025 that antitrust law enforcement targets could leverage in future cases when disputing government marke... (more story)

US antitrust injunction battles highlight investor disclosure risks December 26, 2025 | Chris May

Corporate executives under pressure to present Wall Street with rosy pictures of future business prospects should take heed of the cautionary tales offered by a trio of recent US antitrust lawsuits where defen... (more story)

US FTC's Meador hopes to push judges to err toward blocking concerning mergers December 26, 2025 | Ilana Kowarski

For Republican US Federal Trade Commissioner Mark Meador, one persistent source of frustration is when merger trial judges discount or ignore the negative implications of clearing anticompetitive transactions,... (more story)