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PPF-e& clearance shows EU foreign-subsidy rules have room for compromise

By Lewis Crofts ( September 24, 2024, 14:53 GMT | Comment) -- 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 before the deadline — may give them some comfort. The swift review and remedies related to corporate behavior — rather than structure — will relieve M&A advisers, but there will be trickier challenges ahead for deals related to China and with different investment incentives.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 — well before the deadline — may give them some comfort....

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