Disclaimer: worked for the Austrian cartel prosecutor:
Such (as in: requiring regulatory approval in general, as I cannot legally speak to this deal specifically) takeover deals are structured with a suspensive condition, pending regulatory approval. Until that condition is met, it remains pending and without effect.
Such (as in: requiring regulatory approval in general, as I cannot legally speak to this deal specifically) takeover deals are structured with a suspensive condition, pending regulatory approval. Until that condition is met, it remains pending and without effect.