China's increasing regulatory influence over international mergers and acquisitions has helped to create the hottest new commodity in its legal industry: anti-trust lawyers. Six years ago, China did not even have a legal system for regulating the impact of M&A on competition. Today, its Ministry of Commerce is the biggest wildcard for dealmakers trying to get a major cross-border deal past anti-trust regulators.The ministry's decision last month to reject Danish shipping group A.P. Moller-Maersk's planned alliance with Swiss and French rivals came as a "big surprise" to Maersk Chief Executive Nils Smedegaard Anderson, whose team had been in close contact with the regulator until days earlier.That rejection, on grounds that it was not in the interest of Chinese consumers, was the first time the regulator had blocked a tie-up that involved no company from China.With global M&A volumes reaching $1.75 trillion in the six months to June, 75 percent higher than a year ago according to Thomson Reuters data, lawyers who can help companies steer a deal past China's anti-trust regime have become hot property.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.36% or $0.13/share to $36.58. In the past year, the shares have traded as low as $32.36 and as high as $38.73. On average, 812392 shares of TRI exchange hands on a given day and today's volume is recorded at 604426.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.28% or $0.11/share to $38.96. In the past year, the shares have traded as low as $33.70 and as high as $42.10. On average, 618830 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 621527.
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