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Mergers and Acquisitions

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Henkel, FTC spar over power of retailers in US trial over Liquid Nails deal July 15, 2026 | Ilana Kowarski

Loctite owner Henkel repeatedly highlighted the leverage that major home improvement retailers exert in negotiations with construction adhesive vendors, during the company's US merger trial Tuesday in a case b... (more story)

Brazil soccer bloc Libra faces full-form review by CADE July 14, 2026 | Henrique Santiago

Brazil’s competition watchdog has started reviewing the formation of Liga do Futebol Brasileiro, a commercial bloc that brings together five of the country’s largest clubs — Grêmio, Flamengo, Palmeiras, Santos... (more story)

CADE chief counsel notes accomplishments as term ends and he seeks another July 14, 2026 | Maria Júlia Baumert

André Luís Macagnan Freire left his post as chief counsel at the Office of the Attorney General attached to Brazil's antitrust authority on Tuesday, concluding a two-year mandate during which the agency reduce... (more story)

Calif. AG says Paramount CEO’s film pledge carries little weight in merger fight July 14, 2026 | Curtis Eichelberger

California Attorney General Rob Bonta said Paramount and Warner Bros. Discovery’s promises to make 30 films a year post-merger carried little weight with the state attorneys general who filed a lawsuit Monday ... (more story)

EU's FSR notification threshold could rise to €600m, official says July 14, 2026 | Andrew Boyce

The threshold for notifying deals for review under the EU's Foreign Subsidies Regulation could be raised by 20 percent to €600 million given that very few deals have merited in-depth scrutiny so far, a senior ... (more story)

Paramount-WBD cleared by EU under Foreign Subsidies Regulation July 14, 2026 | Nicholas Hirst

Paramount Skydance has won approval under the EU Foreign Subsidies Regulation for its plan to acquire rival film and TV studio Warner Bros. Discovery, according to an update on the regulator’s website.

UK security screening sees record filings, fewer intervention orders July 14, 2026 | Jon Menon

The number of national security intervention orders imposed in the UK in the 12 months to March was roughly half the total from a year earlier — even as it received a record number of filings under its investm... (more story)

M&A deals may see reduced FSR scrutiny in the EU by 2027 (update*) July 14, 2026 | Anna Ferrari and Nicholas Hirst

M&A dealmakers may face fewer foreign subsidy checks by EU regulators, after the European Commission said it might raise the notification threshold for mergers and ease rules on disclosing certain types of for... (more story)

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US states' Paramount-Warner suit tests narrow antitrust markets July 14, 2026 | Flavia Fortes

For years, defining narrow relevant markets around a subset of premium products has been a controversial legal strategy in merger enforcement. States challenging the proposed Paramount-Warner combination are n... (more story)

Trump role in railroad merger magnified by high court but remains unclear July 14, 2026 | Curtis Eichelberger

The US Supreme Court’s decision in Trump v. Slaughter strengthened the president’s authority over formerly independent agencies such as the US Surface Transportation Board, but it remains to be seen whether th... (more story)

Bonta casts California as backstop to Trump's antitrust retreat July 13, 2026 | Flavia Fortes and Curtis Eichelberger

California Attorney General Rob Bonta said a lawsuit against the proposed merger by Paramount and Warner Bros. Discovery is about much more than one Hollywood transaction. Bonta’s message is that California is... (more story)

US FTC's Loctite-Liquid Nails case focuses on hardware store sales July 10, 2026 | Ilana Kowarski

If corporate consolidation binds Loctite to Liquid Nails, the two glue heavyweights will have the potential to dominate the construction adhesive retail market, the US Federal Trade Commission is set to argue ... (more story)

Foxconn-Mitsubishi review exposed legal-certainty problem inside Brazil CADE July 08, 2026 | Maria Júlia Baumert

A ruling by the Brazilian competition authority's Tribunal on the Foxconn-Mitsubishi Fuso joint venture proposal did more than settle a jurisdictional dispute over how turnover thresholds should be applied to ... (more story)

NextEra, Dominion Energy likely to get US antitrust scrutiny in wholesale markets July 06, 2026 | Curtis Eichelberger

NextEra's proposed acquisition of Dominion Energy will likely receive antitrust scrutiny in the wholesale power markets administered by independent power grid operators PJM Interconnection and ISO New England.

Saipem-Subsea7 Brazil clearance set to be challenged over analysis inconsistencies July 06, 2026 | Flavia Fortes

Critics of the approval of Saipem's proposed acquisition of Subsea7 in Brazil argue the Administrative Council for Economic Defense's investigatory unit relied on internally inconsistent reasoning to justify t... (more story)

New EU merger guidelines' promised dynamism put to test by UPM-Sappi JV July 06, 2026 | Andrew Boyce and Nicholas Hirst

UPM and Sappi’s €1.4 billion paper manufacturing joint venture is testing the EU merger regulator’s thinking on "pivotality," fixed costs and out-of-market benefits — all concepts that are part of the regulato... (more story)