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Xylem's Evoqua takeover may be fast-tracked if deal requires green light in China

By Yonnex Li ( February 17, 2023, 04:46 GMT | Insight) -- US water technology company Xylem's proposed takeover of peer Evoqua is expected to be eligible for a fast-track review in China, if it’s determined that the $7.5 billion acquisition requires an antitrust clearance from the country, MLex has learned. The companies have market shares low enough to be qualified for the simplified procedure, it is said.US water technology company Xylem's proposed takeover of peer Evoqua is expected to be eligible for a fast-track review in China, if it’s determined that the $7.5 billion acquisition requires an antitrust clearance from the country, MLex has learned....

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