Archive for the 'mergers' Category

Takeover Panel tables M&A code overhaul – The Independent

“The Takeover Panel has moved a step closer to drastically overhauling its code as it seeks to remove the ‘tactical advantage’ for hostile bidders targeting UK companies.”

Full story

The Independent, 22nd March 2011


Merger of Competition Commission and OFT meets with muted response – The Lawyer

“Competition lawyers have offered a lukewarm response to Government proposals to streamline and improve the UK’s competition regime.”

Full story

The Lawyer, 16th March 2011


Opponents of News Corp takeover of BSkyB consider judicial review – The Guardian

“An alliance of media groups opposed to News Corporation’s takeover of BSkyB, including BT and the publishers of the Daily Mail, Daily Telegraph and Guardian, are considering seeking a judicial review of the government’s approval of the deal on Thursday.”

Full story

The Guardian, 3rd March 2011


Ofcom ‘to review’ News Corp bid for BSkyB – BBC News

“The BBC has learned that Ofcom will be asked to review News Corporation’s bid for BSkyB once a formal offer is made.”

Full story

BBC News, 15th September 2010


Competition Commission clears music biz merger –

“The Competition Commission has given the all clear to a merger between two live music companies for the second time. Its first decision in the case was quashed by the Competition Appeal Tribunal (CAT).”

Full story, 7th May 2010


Sky forced to slash ITV holding as court sets benchmark for corporate influence –

“Pay TV company BSkyB has been told that it must follow the Competition Commission’s orders and sell over half of its stake in broadcaster ITV at a loss of around £500 million. The Court of Appeal backed the Commission’s ruling.”

Full story, 21st January 2010


British Sky Broadcasting Group plc and another v Competition Commission and another – WLR Daily

British Sky Broadcasting Group plc and another v Competition Commission and another [2010] EWCA Civ 2; [2010] WLR (D) 5

“In deciding whether or not the recommendation of the Competition Commission that a proposed merger should be prevented as contrary to the public interest, the Competition Appeal Tribunal was not required to exercise a greater intensity of judicial review than would be applied on a normal judicial review application. S 120(4) of the Competition Act 1998 required the appeal tribunal to apply the same principles as would be applied by a court on an application for judicial review. It would fly in the face of the section’s words if the tribunal, as a hyper-competent specialised tribunal, were required to undertake a more intensive review.”

WLR Daily, 21st January 2010


Please note that once a case has been fully reported in one of the ICLR series the corresponding WLR Daily summary is removed.

March 2020