Dr. Fei Deng Comments on Viterra-Glencore Merger Delays in China


In an article by Bloomberg discussing the delayed Viterra-Glencore merger, Dr. Fei Deng commented that such approvals often take longer for MOFCOM than its larger counterparts in the US and EU due to limited staffing and an increasing number of deals requiring approval.  Dr. Deng explained that only one merger had not been approved by MOFCOM in the past four years and, as such, the delay in this instance is unlikely to reflect any potential denial of the proposed merger. 

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