Europe's regulations are straining under the weight of cross-border M&A activity. Politicians are finding it all too much to bear
`Europe's deal frenzy tends to stop at national borders... blocked by age-old nationalistic sentiments,' proclaimed the New York Times in March last year.
How times have changed. Not that `nationalistic sentiments' have been tempered. On the contrary, from Portugal to Norway to Italy to Germany they were very much in evidence last year. But cross-border takeovers - and hostile ones at that - seem to be here to stay in spite of the tangled web of regulations that currently govern deals in
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