Comment: What can a summer EU merger filing tell you about the deal?
By Natalie McNelis ( July 1, 2024, 15:36 GMT | Comment) -- Summer is a tricky time to file a merger in Europe, as deadlines fall in the traditional holiday period. The European Commission has been known to ask companies to hold off notifying until September, primarily because it's hard to get good market feedback in the summer break. Unless the deal is already flagged as controversial, a summer notification can be a good sign — but it can still go awry if critics emerge once they learn of the official filing.Hewlett Packard Enterprise filed its $14 billion Juniper Networks acquisition for EU review last week, meaning an Aug. 1 deadline for the initial review (see here). Bunge is in a similar situation with its Viterra acquisition: It filed the deal on June 13 and has a July 18 deadline (see here)....
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