We are delighted to have contributed the Cyprus chapter to the 9th edition of the Merger Control Review, which discusses all aspects of Cyprus merger control.
The book, part of the Law Reviews series, provides an overview of the process in a number of jurisdictions globally, as well as a discussion of recent decisions, strategic considerations and likely upcoming developments in merger control. Given the ability of most competition agencies with pre-merger notification laws to delay, and even block, a transaction, it is imperative to take each jurisdiction – small or large, new or mature – seriously.
Cyprus is one of the jurisdictions that can impose a substantial fine if a transaction is implemented prior to closing. It therefore becomes imperative that a merger, acquisition or joint venture is assessed as to whether it triggers a requirement for a Cyprus notification. Our Competition & Merger Control practice, ranked as top tier by The Legal 500 for a number of years, advises on all aspects of Cyprus merger control and undertakes the filing and clearance of transactions with the Cypriot authority.