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Companies suffer as EU delays M&A approval

Bloomberg If time is money, big M&A is getting a lot costlier in the European Union thanks to a tactic increasingly deployed by the bloc’s merger watchdogs in Brussels. Bayer AG’s bid for Monsanto Co is just one of a growing number of deals stalled by regulators stopping the clock more than once during strictly timetabled in-depth investigations to demand ...

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Greece’s two biggest projects worth $12.8bn stall

Bloomberg Two of Greece’s biggest projects—together valued at about $12.8 billion— have stalled on bureaucratic and legal wranglings, raising questions about the country’s ability to draw investments it desperately needs for an economic recovery. Lamda Development, which is managing the Hellinikon site, the biggest real estate investment in country, said that Greece’s efforts to go back on terms already agreed ...

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UK environment secretary promises green Brexit

Bloomberg The UK government plans to create an independent environmental standards watchdog for England after Brexit, according to Environment Secretary Michael Gove. A consultation on the powers and scope of the body will be started early next year, the Department for Environment, Food & Rural Affairs said. With policies set out in full only in the EU treaties, environmental decisions ...

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