EMEA meaning

In this issue: UK mergers UK private actions UK antitrust UK market studies EU state aid LexTalk®Competition: a Lexis®Nexis community Daily and weekly news alerts Caselex New and updated content UK mergers CMA unconditionally clears Arçelik/Whirlpool EMEA merger after phase 2 The CMA has published its final report following its phase 2 review of the proposed joint venture between Arçelik A.Ş. (through Ardutch B.V.) and Whirlpool Corporation (through Whirlpool EMEA Holdings LLC). Both businesses are among the UK’s major suppliers of large domestic appliances (MDAs), spanning washing machines, tumble dryers, dishwashers and cooking equipment. Arçelik’s products are largely sold under the Beko, Blomberg and Grundig brands, while Whirlpool’s portfolio is chiefly marketed under Indesit and Hotpoint. The authority has upheld its provisional view that the deal is not expected to lead to an SLC in the supply of MDA products in the UK...

Mergers CMA unconditionally clears Arçelik/Whirlpool EMEA merger after phase 2 The CMA has published the final report of its phase 2 review of the planned joint venture between Arçelik A.Ş. (through Ardutch B.V.) and Whirlpool Corporation (through Whirlpool EMEA Holdings LLC). Both are among the largest suppliers of major domestic appliances (MDAs) in the UK, including washing machines, tumble dryers, dishwashers and cooking appliances. Arçelik offers MDAs under the Beko, Blomberg and Grundig names, while Whirlpool sells MDAs under the Indesit and Hotpoint labels. The CMA has upheld its provisional view that the deal is not expected to lead to a substantial lessening of competition in respect of the supply of MDA products in the UK...

Mergers CMA provisionally clears Arçelik/Whirlpool EMEA merger The CMA set out its provisional view as part of its phase 2 investigation into the planned joint venture between Arçelik A.Ş. (through Ardutch B.V.) and Whirlpool Corporation (through Whirlpool EMEA Holdings LLC). The two companies are among the largest suppliers of major domestic appliances (MDAs) in the UK, including washing machines, tumble dryers, dishwashers and cooking appliances. Arçelik mainly sells MDAs under the Beko, Blomberg and Grundig brands, while Whirlpool supplies MDAs chiefly under the Indesit and Hotpoint brands. The CMA has provisionally cleared the deal, concluding overall the transaction is not expected to give rise to an SLC concerning the supply of MDA products in the UK...

This Practice Note reviews the principal finance participants actively engaged in a syndicated loan arrangement or syndicated loan facility. It examines the functions and obligations of the arranging bank, facility agent, security agent (also called the security trustee), the syndicate lenders and the issuing bank(s), with specific reference to the Loan Market Association (LMA) loan documentation forms. Loan Market Association documentation The LMA is the leading organisation within the European, Middle Eastern and African (EMEA) syndicated loan market across the region. Its aim is to enhance liquidity, efficiency and transparency across the primary and secondary syndicated loan markets. LMA documentation is developed following wide consultation with prominent loan practitioners and law firms, to reflect a shared consensus on documentation structures...

This archived Practice Note set out the headline legal developments anticipated to affect the corporate governance landscape in 2021. It has not been updated since 2021. You are welcome to propose matters for inclusion in our horizon scanner at: KnowhowLawyersCorporate@lexisnexis.co.uk. For a wider survey of developments expected to impact corporate practitioners in 2021 and beyond, see Practice Note: Corporate horizon scanning—2021 and beyond. Mini–index January 2021 February 2021 March 2021 November 2021 No specific date in 2021 2022 and beyond January 2021 27 January 2021 — Closing date for submissions to the Task Force on Climate-related Financial Disclosures (TCFD) consultation on forward-looking financial sector metrics to be reported by institutions. The TCFD seeks views on its 29 October 2020 consultation regarding forward-looking metrics for the financial sector, questioning the ‘usefulness and challenges’ of climate-related metrics and the steps needed to improve ‘comparability, transparency, and rigour’. Stakeholders are invited to respond via the TCFD website. See...

Banking & Finance collections These collections are comprehensive, interactive resources that help users pinpoint and tackle concepts and frequent issues in defined topics. Each section within a collection provides practical, section-specific guidance. Our banking & finance collections comprise: The Loan transaction collection is a guide to loan transactions, offering a high-level view of each stage and the tasks lawyers must complete at every phase. It includes links to checklists, precedents (with drafting notes), forms, Practice Notes, and explains the key drafting and negotiating points to weigh in loan transactions The Loan Market Association (LMA) collection is an interactive guide to the LMA, the authoritative voice of the syndicated loan market across Europe, the Middle East and Africa (EMEA). It collaborates with lenders, law firms, borrowers and regulators to educate the market on the benefits of the syndicated loan product and to reduce barriers to entry for new participants...