All Articles

BNP/ Societe Generale/ Paribas

Premium - 01 April 1999

French banking group Société Générale has announced plans to merge with Compagnie Financière de Paribas. The US$17 billion deal would create the largest bank in France, and Europe’s third largest bank in terms of total assets. Following these announcements, on March 9 Banque Nationale de Paris launched a US$37 billion hostile takeover bid for the combined group.

Recent developments in Brazilian merger control

Premium - 01 April 1999

Gesner Oliveira of CADE, the Brazilian antitrust authority, looks at the latest jurisprudence and revised regulations affecting antitrust in South America’s largest market

Reliant Energy/ UNA

Premium - 01 April 1999

Houston-based energy firm Reliant is to enter the European Energy market with the US$2.4 billion acquisition of NV Energieproduktiebedrijf UNA, one of the biggest power companies in the Netherlands. The acquisition will take place over seven years because the Dutch energy market is not due to be fully liberalised until 2007.

Mats Lonnkvist

Premium - 01 April 1999

Title Vice President and General Counsel

Italy: Italian football broadcasting rights under investigation

Premium - 01 April 1999

The Italian competition authority’s investigation into the Lega Calcio naturally focuses on Article 2 of Italian competition law. However, even if the arrangements between the Lega Calcio and its members (the clubs) are cleared following the investigation, they could presumably still be found to be in breach of Decree 15/1999. It will be interesting to see how competition and media law will apply in parallel.

Merger control: the search for harmonisation

Premium - 01 April 1999

With over 100 merger control regimes around the world now up and running, the need for cross-border and regional cooperation has become acute. Maija Pesola joined delegates at the IBC conference on International Merger Control in London in February

An interview with John Bridgeman

Premium - 01 April 1999

Sebastian O’Meara spoke to the Director General of the UK’s Office of Fair Trading about the benefits of the new Competition Act set to come into force in a year’s time and how he is preparing for the new role it assigns him

Canada: Competition Act amendments come into force

Premium - 01 April 1999

Most of the Competition Bureau’s proposed amendments to the Competition Act became law in mid-March. The Bureau was also successful in obtaining a record fine for a foreign-directed conspiracy as well as prison sentences for some individuals engaged in deceptive telemarketing.

Twenty years of Allen & Overy in Brussels, 20 fewer Commissioners

Premium - 01 April 1999

March 16 was prematurely springlike in the Cercle Royal Gardens in Brussels as Allen & Overy celebrated 20 years of doing business in the Belgian capital with a birthday seminar which attracted well over 100 lawyers, regulators and firm clients from around the world.

Olivetti/ Telecom Italia

Premium - 01 April 1999

Former typewriter maker Olivetti SpA created a major stir in Italy with a surprise US$58 billion hostile bid for the former Italian telecoms monopoly Telecom Italia SpA.