We use cookies to deliver our online services. Details of the cookies we use and instructions on how to disable them are set out in our Cookies Policy. By using this website you agree to our use of cookies. To close this message click close.

Chinese corporate transactions under EU merger control rules

08 April 2015

On 25 March 2015, the European Commission – the antitrust authority at the European Union level – cleared under its simplified merger review procedure the creation of a joint venture between Wärtsilä Corporation of Finland and China Shipbuilding Power Engineering Institute, a subsidiary of the China State Shipbuilding Corporation ultimately controlled by the Chinese State. This is one of the first merger control decisions in 2015 by the European Commission concerning a transaction involving a Chinese company, but is likely not to be the last in view of the continuing flows of EU investment coming from China.

The team

Loading data