The following is excerpted from the 14 February 2013 edition of The Globe and Mail.
The European Union has been trying to persuade Canada to grant EU companies exemptions from foreign takeover reviews during late-stage talks between Ottawa and Brussels on a free-trade deal.
The effort, which Ottawa has flatly rejected, shows just how high the stakes have grown in negotiations for a Comprehensive Economic and Trade Agreement with the 27-country union.
This article is available in its entirety at:
http://www.theglobeandmail.com/news/politics/canada-rebuffs-eu-request-for-exemption-on-takeover-reviews/article8654748/
Topic(s)
International Trade and Border Management
Information source
Canadian News Channel
Disclaimer
The foregoing information is provided for informational purposes only and is not intended as, nor should it be considered, professional advice or a substitute for conducting your own thorough research and review. Before making any decisions or taking any action based on the information provided, you should conduct your own independent investigation and/or seek professional advice from a qualified expert in the relevant field. The CSCB disclaims all liability for actions taken or not taken based on the information provided.