New Guidelines for Merger Review: Companies may have to File Notice Earlier
Client/Legal Alert
October 2011
The Business Competition Supervisory Commission (KPPU) recently published a new guideline for reviewing mergers, acquisitions of shares, and consolidations of companies. The new guideline affects the procedure for filing mandatory notification of transactions to the KPPU. It modifies the deadline for reporting transactions and the method for calculating notification thresholds, leading to an earlier deadline for filing for some transactions.