Mergers & Acquisitions Mergers & Acquisitions

Altice loses M&A 'gun-jumping' fines appeal at EU General Court

By Natalie McNelis
  • 22 Sep 2021 06:32
  • 22 Sep 2021 06:32
Altice has largely lost its bid to annul fines imposed by the European Commission for late notification and gun-jumping in its acquisition of Portugal Telecom, according to a judgment by the EU’s General Court today (see here). 

The first-tier EU court said that the steps Altice had taken — notably the power to participate

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