Communicate early and often with antitrust authorities
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clpstaff &clp articlesReceiving clearance on a high-profile M&A takes time
To successfully get through an anti-monopoly review, investors must seize the right timing and adopt an appropriate communications strategy in dealing with regulators, say counsel.
Chinese regulators have approved Diageo's acquisition of an additional 4% shares in Sichuan Chengdu Quanxing Group, the largest shareholder of Shuijingfang. The Rmb140 million (US$21.63 million) transaction, once completed, will increase Diageo's holding to 53%.
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