As U.K. Prime Minister Boris Johnson vowed he'd rather die than delay Brexit, the nation's merger watchdogs were quietly gathering information on a few key transactions they thought they'd have to vet if Britain crashed out of the European Union (EU) on Halloween.
But on Tuesday, with Brexit on hold and plans for a December general election taking shape in London, the CEO of the nation's Competition and Markets Authority (CMA) hinted at a modicum of frustration over another false alarm as he spoke at a Brussels antitrust conference.
"The situation essentially changes day by day," said Andrea Coscelli, who runs the CMA, when asked about the Brexit situation. "You know as much as I do."
Continue Reading for Free
Register and gain access to:
- Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
- Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
