Merger control – The standstill obligation does not apply to ancillary or preparatory transactions with no direct functional link to the concentration

On 18 November 2013 the KPMG DK companies entered into a merger agreement with the Ernst & Young (EY) companies and withdrew from the cooperation agreement tying them to the international network of independent auditing firms,

Merger control – The standstill obligation does not apply to ancillary or preparatory transactions with no direct functional link to the concentration

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