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antitrust.
’Steelie Neelie squares up to Silvio
No one could accuse Neelie Kroes of slipping gently into retirement. In her last months as EU antitrust commissioner Ms Kroes has delivered a slap across the chops to several state-owned banks, and rolled up her sleeves regarding Oracle’s bid for Sun.
The clairvoyant news on Oracle-Sun – is the deal about to unravel?
Here’s a curiosity – an apparent request from Oracle to the Russian antitrust authorities to withdraw the competition filing for its $7.4bn takeover of Sun.
News of this appears to have sparked a sudden widening of the spread between Sun shares and the Oracle offer terms,