Merger Approval Takes Too LongClick here to read the full article online
Timescales for the approval of merger acquisition deals have grown in recent years, both in Europe and the United States. That would be a problem in any economic climate, creating uncertainty for customers, suppliers and key employees, but it is even more of an issue in these times of fast-moving change. The length of merger reviews far exceeds the formal timetable. The main reason in Europe is the length of time needed to assemble a notification containing all of the information that the European Commission requires.