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Standard & Poor’s identifies likely European targets and potential U.S. acquirers
- Alston & Bird LLP
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- European Union, USA
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- July 9 2010
In recent weeks, Standard & Poor's Market, Credit, and Risk Strategies (MCRS) group released its findings regarding the likelihood of U.S. companies engaging in mergers and acquisitions in Europe while also identifying possible targets
EU hedge fund legislation moves forward
- Alston & Bird LLP
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- European Union
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- May 18 2010
Earlier today, the European Council's Economic and Financial Affairs (ECOFIN) Committee announced that it had "agreed a mandate for negotiations with the European Parliament on a draft directive aimed at introducing harmonised EU rules for entities engaged in the management of alternative investment funds, such as hedge funds and private equity."
ABN AMRO merger with Fortis Bank likely delayed until 2010; EU extends deadline for Dutch government to divest of certain assets before merger
- Alston & Bird LLP
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- European Union, Netherlands
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- October 7 2009
Today, ABN AMRO Group announced that it would not complete the split of a majority of its assets from Royal Bank of Scotland, NV (RBS NV), a prerequisite to the Dutch government's planned merger of ABN AMRO NV with Fortis Bank SANV, until the "1st quarter of 2010" at the earliest
European Commission announces state aid decisions on Commerzbank and Hypo Re; Soffin announces Hypo Re tender offer results
- Alston & Bird LLP
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- European Union, Germany
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- May 8 2009
The European Commission announced today state aid decisions regarding two German financial institutions: Commerzbank and Hypo Real Estate
