By using our site you consent to the CTFN Privacy Policy, Cookies Policy, and Terms of Service.

OK

Success of CTG Bid for EDP Hinges on Regulatory Approvals

Chinese state-owned enterprise China Three Gorges is moving forward with the process required for its proposed takeover of Energias de Portugal, although regulatory hurdles cast doubts on the success of the offer,featured

Three Essentials from CTFN this Week

AET/CVS A person close to the working group of 18 state attorneys general investigating the $69 billion Aetna/CVS deal told CTFN that a Medicare Part D divestiture is sufficient for most AGs to accept the Department of Justice’s expected decision to clear the deal. COL/UTX When United Technologies meets privately with investors this week it … Read Morefeatured

China Three Gorges Starts Approval Process for EDP Offer

Chinese state-owned enterprise China Three Gorges has started formally notifying its €3.26 per share offer for Portuguese utility Energias de Portugal in a number of jurisdictions, a sourcefeatured

Four Essentials from CTFN this Week

CME has not yet submitted its filing for its acquisition of NEX Group to the UK’s Competition and Markets Authority as the company seeks to complete its pre-submission work on the case, sources close to the situation told CTFN. More here … During the recent Ontario provincial election campaign in Canada, newly-elected Premier Doug Ford … Read Morefeatured

China Three Gorges Expected to Come Back with Higher Offer for EDP

State-owned power company China Three Gorges is likely to submit a higher offer for Portuguese utility Energias de Portugal, in which it is a major shareholder with a 23.3% stake. A spokesperson for EDP told CTFN that CTGfeatured

EDPR Minority Shareholders Critical of CTG Bid

With additional reporting by Rachel Rigby – A group of minority shareholders in EDP Renováveis (EDPR) believes that China Three Gorges’ bid for the company significantly undervaluesfeatured

Four Essentials from CTFN This Week

The Competition Commission of India looks likely to use all the time up to its internal deadline for concluding its review of Bayer’s acquisition of Monsanto, with a decision still one or two weeks away, sources told CTFN. More here … The administrative tribunal of Brazilian antitrust regulator CADE is expected to vote on the … Read Morefeatured

Regulatory Issues Might Hinder China Three Gorges’ Bid for EDP

With additional reporting by Diane Alter – The €9 billion offer by state-owned power company China Three Gorges for Energias de Portugal could be hampered by regulatoryfeatured

X

Interested in a trial?

Simply fill out the form below and one of our representatives will be in touch.