Two takeover deals have been delayed amid slower-than-expected government approvals, the latest sign of the regulatory hurdles facing companies pursuing global mergers.Limiting competition , in the name of promoting competition.
French advertising company Publicis Groupe SA said Wednesday it would extend its offer to acquire Sapient Corp. as it awaits approval from U.S. national-security groups. Boston-based Sapient provides technology and other services to the U.S. Marine Corps and the Department of Homeland Security, among other U.S. government entities.
Friday, December 26, 2014
Cross Border Mergers Face Growing Scrutiny : Growing Contingent of Global Deal Cops Want a Say Over Transactions
The Wall Street Journal reports: