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EU team watching public-procurement foreign subsidies set to get dedicated unit
The European Commission team scrutinizing foreign subsidies in public procurement will get a dedicated unit from tomorrow, as part of a reshuffle of the Directorate... (more story)
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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)
Insight View More
Alexander Kornezov, a judge at the EU General Court, is set to move to the top court, according to a document seen by MLex. The appointment, which will run until 2030, will be approved by EU member-state repre... (more story)
Companies getting aid from non-EU governments will get more guidance on when M&A activity can be called in for review and how officials will balance the effects of any state support, under draft terms released... (more story)
EU powers to block bidders backed by foreign subsidies from distorting public tenders have triggered a surge in workload, but the quality of the submissions and awareness of the rules is unsatisfactory, the Eu... (more story)
The New Lottery Company told a UK judge today that it needs clarity on the defense of its lawsuit against the Gambling Commission, a non-departmental public body of the UK government, over an alleged unlawful ... (more story)
Abu Dhabi National Oil Company has seen the European Commission resume its foreign subsidy probe into the state-owned company's takeover of German chemicals group Covestro, following a five-week suspension. Th... (more story)
The European Union is aiming to complete a Clean Trade and Investment Partnership with South Africa by November, a senior EU official said. Christina Miranda, a senior official at the European Commission, note... (more story)
The EU’s Foreign Subsidies Regulation creates a regulatory hurdle and acts as a deterrent for Chinese companies willing to make greenfield investments in the EU, a director at the China Chamber of Commerce to ... (more story)
European industry and green-tech producers will get support to overcome short-term difficulties to aid the transition to a cleaner industrial base, Teresa Ribera told MLex, as she unveiled her flagship policy ... (more story)
Comment View More
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)