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State Aid
Editor's Picks
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Dealmakers eying EU M&A get stark warning in subsidy review of UAE telecom buyout
The European M&A landscape for companies backed by foreign states looks more complicated, in light of newly published documents that show the dealmaking of UAE tele... (more story)
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ICG and Imanes file change in control of Picard for EU foreign subsidy review
Intermediate Capital Group and Imanes have sought EU foreign-subsidy clearance for a change in control over French frozen food retailer Picard. The European Commiss... (more story)
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Japan Pulp & Paper seeks EU foreign-subsidy clearance for Inapa deal
Japan Pulp & Paper has sought EU foreign-subsidy clearance to take over assets from insolvent Portuguese paper distributor Inapa. JPP is buying the businesses as pa... (more story)
Insight View More
The billions of euros handed to Air France and KLM during the coronavirus pandemic face further scrutiny from EU judges, after Ryanair filed an appeal against the state aid regulator’s latest approval for the ... (more story)
EU governments and businesses need shorter approval processes to exploit the full potential of joint projects that channel state aid to strategic sectors, the European Commission has been told. Governments are... (more story)
The EU General Block Exemption Regulation needs to be simplified, according to comments from several member states seen by MLex. The legal text, which sets out some conditions to exempt state aid from the Euro... (more story)
An EU subsidy probe into Chinese wind-turbine maker Goldwind Science & Technology is untransparent and lacks a time-limit, according to the company. It aired the concerns in comments on future guidelines setti... (more story)
The European Commission's competition department is having to compromise on enforcement because it is so understaffed, its director has warned. Olivier Guersent told a conference that it was more than 200 staf... (more story)
Giving EU judges the power to change a regulator’s decision and not just review its legality would avoid the “unsatisfactory ping-pong” of cases, according to Ulf Öberg, a judge at the EU’s lower-tier General Court.
Deutsche Lufthansa will defend its six billion-euro Covid-era recapitalization at the EU’s top court in early May, MLex has learned. The German flag carrier is appealing a lower court ruling that struck down t... (more story)
Abu Dhabi National Oil Co. has filed its plan to buy German chemicals group Covestro to the EU competition regulator for approval. The European Commission has set an initial May 12 deadline to decide on the 14... (more story)
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The European M&A landscape for companies backed by foreign states looks more complicated, in light of newly published documents that show the dealmaking of UAE telecom operator Etisalat — known as e& — will fa... (more story)
Abu Dhabi National Oil Company must feel its path to EU foreign-subsidy approval for its 14.7 billion-euro takeover of Germany's Covestro has been smoothed by the European Commission’s clearance of another lar... (more story)
Multistate, subsidy-backed projects in fields such as semiconductors, AI, advanced materials and clean tech will take center stage in the EU's push for growth and economic transition, as the European Commissio... (more story)
The EU hydrogen bank’s option to use EU-wide auctions to guide national funding has the potential to align national and EU financial firepower toward common objectives. The tool developed for hydrogen is alrea... (more story)
Any hopes in the EU nuclear-power industry that lawmakers' questioning of candidates to front the next European Commission would bring clarity over the EU approach to sector’s future were frustrated again yest... (more story)
Efforts by the Abu Dhabi National Oil Company to complete its buyout of Germany’s Covestro will undoubtedly include a close study of the remedies that Emirates Telecommunications Group recently offered to win ... (more story)
The edict is writ large for the EU’s new competition enforcer: go faster. When Teresa Ribera takes up the reins later this year, one of her main challenges will be to accelerate the machinery of enforcement, c... (more story)
Dealmakers may have been concerned that the EU’s new foreign-subsidy rulebook might leave their transactions in limbo, but today’s decision to clear a United Arab Emirates-backed deal — two and a half months b... (more story)