China's Ministry of Commerce (Mofcom) has published new rules governing the divestment of business operations or assets, where this occurs as a condition of Mofcom's approval of an M&A deal
Break it up: Mofcom's new rules on divestment
The competition regulator has released new legislation clarifying the divestiture process that occurs as part of merger regime enforcement, however there are concerns relating to the publicity of timeframes and the amount of discretion the government has in setting the terms of a divestment
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clpstaff