Bankers expect few problems

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Series Details 6.4.02, p9
Publication Date 06/04/2002
Content Type

European regulators, companies and antitrust lawyers expressed surprise and anger, 5 April 2002, at plans by the US Defense Department to require all big foreign acquisitions of American companies to be approved by a national security committee. However, investment bankers and corporate financiers said they expected few problems with foreign companies making takeovers for US groups in the wake of the Pentagon's plan .

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