European Commission Launches a Consultation on Extending the Scope of the EU Merger Regulation to Non-Controlling Minority Shareholdings
On June 20, 2013, the European Commission launched a consultation on potential modifications to the EU Merger Regulation (the “EUMR”), including extending the application of the EUMR to acquisitions of non-controlling minority shareholdings. The announcement shortly follows a previous consultation regarding improvements to the so-called simplified procedure.