CTFN's #ICYMI weekend edition: #Merger and deal activity are expected to be robust in 2021, and regulator scrutiny is expected to be rigorous.

(thread) #antitrust #investming #stocks

In the meantime, key changes will occur under the new #Biden administration at the U.S. Federal Trade Commission that is anticipated to weigh heavily on big pharma deals, @dalter28 wrote

#FTC #antitrust #MnA
Further for one big pharma deal, Surani Fernando wrote that while @AstraZeneca's $39 billion bid for @AlexionPharma has drawn a number of critics, a strategic build-out of immunology may prove an important rationale for the deal

#mergers #healthcare $ALXN $AZN
On @Google's acquisition of @Fitbit: the @acccgovau rejected #Google's offer of behavioral remedies this week, though a former ACCC official walked CTFN through how the parties might handle the review

#HeyGoogle #ACCC
The Russian regulatory process for Nova Resources' proposed buyout of Kaz Minerals is unlikely to exceed the standard timeline, CTFN's @CamerinoValeria reported

#shareholders #mergers #mining
Apollo upped the ante and boosted its offer for @GRTCanadian from C$39 to C$45, thus winning shareholder support this week. Negotiations with large shareholders came down to the wire, @dalter28 reported

#mergers #privateequity #casinogames
.@dalter28 also reported on the tussle over the Bristol Myers Squibb CVR trustee. The CVRs are up against a key milestone of December 31 for liso-cel approval.

@bmsnews #BMS #FDA
Make sure to check out CTFN's Daily page for updates on event-driven and #MnA related content, key regulatory information, and sourced tidbits from our editorial, reporting, and analyst staff, curated by our Director of Research @Tyler_Tulenko

#stocks #StocksToWatch #mergers
To discuss anything related to CTFN, our coverage, or how to put our resources to work for you, write to [email protected].

#finance #MnA #antitrust

More from Finance

The Dutch regulator and DNB as financial supervisor are a tough cookie to deal with. In essence they hyperregulate EU-rules into goldplated Dutch rules which go beyond what is prescribed in Europe.

All NL-customers at British banks may thus be kicked out on brexit.

Thread

/1

If we start with the capital requirements directive, it says attracting deposits is forbidden. In article 9.

https://t.co/RYl7SXligC


Now the translation of that rule into Dutch law is slightly expanded to not only prohibit attracting deposits, but to also prohibit, having those deposits under custody ('ter beschikking hebben').

That's not in EU law, but it is in our Dutch law.

https://t.co/PsbWfNY3PA


So if you wonder how this would work out for UK banks and Payment institutions servicing Dutch customers. Have a read at the technical explanation of DNB, the financial supervisor and their summarising table.

https://t.co/LL0fAnYkRJ

Passive servicing of Dutch is not allowed!


Any bank or PSP in the UK that continues to serve Dutch customers (as in retail customers, professional players are excepted) can thus be subject to fines and policing under Dutch law.

Meaning we not only have Accidental American issues in payments, but also Accidental Dutchies

You May Also Like