EU Would Veto U.K. Govt Intervention in AstraZeneca Bid: Reuters
2014-05-08 15:33:03.212 GMT
By James Ludden
May 8 (Bloomberg) -- European Commission allows
intervention by EU national governments only in exceptional
cases, Reuters reports, citing competition lawyers.
* Commission would probably rule on transaction
* U.K. govt would have to create new category if it were to
invoke public interest test in any AstraZeneca takeover;
Commission unlikely to back such a move: Reuters
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To contact the reporter on this story:
James Ludden in London at +44-20-7673-2645 or
jludden@bloomberg.net
To contact the editors responsible for this story:
Andrew Rummer at +44-20-7073-3722 or
arummer@bloomberg.net
James Ludden
2014-05-08 15:33:03.212 GMT
By James Ludden
May 8 (Bloomberg) -- European Commission allows
intervention by EU national governments only in exceptional
cases, Reuters reports, citing competition lawyers.
* Commission would probably rule on transaction
* U.K. govt would have to create new category if it were to
invoke public interest test in any AstraZeneca takeover;
Commission unlikely to back such a move: Reuters
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
James Ludden in London at +44-20-7673-2645 or
jludden@bloomberg.net
To contact the editors responsible for this story:
Andrew Rummer at +44-20-7073-3722 or
arummer@bloomberg.net
James Ludden