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Monitoring trustee services

As a condition to the approval of a merger or acquisition, you may be required by one or more of the world’s competition authorities to carry out divestments and/or other undertakings to address anti-trust concerns. As part of this process, you may be required to appoint a monitoring trustee to oversee these remedies. In this situation, the input of a monitoring trustee with tried and tested expertise and a track record in anti-trust, M&A and corporate governance procedures is key.

ING Corporate Finance has trustee teams based in Europe, Asia and the Americas with a range of corporate finance, legal, accounting and forensic experience. In its role as a monitoring trustee, ING monitors compliance with regulatory requirements in an efficient manner designed to minimise disruption to the existing operations of both the divestment business and the merging/acquiring parties.

ING is one of the world’s leading monitoring trustees having monitored over 70 divestment and behavioural remedies across the globe since 2002. In recent years, our work has focussed on roles as a monitoring trustee in connection with major multi-jurisdictional cases including:

  • The USD130bn merger of Dow and DuPont (acting as monitoring trustee to competition regulators in Europe, the United States, Brazil and China)

  • Abbott’s USD5.3bn acquisition of Alere (acting as monitoring trustee to competition regulators in Europe, the United States and Canada)

  • GE’s USD10.6bn acquisition of Alstom’s power and grid business (acting as monitoring trustee to competition regulators in Europe and the United States)

  • The EUR42bn merger of Holcim and Lafarge (acting as monitoring trustee to competition regulators in Europe, the United States, Brazil, Canada and Serbia)

Please contact us for further credentials and case studies or any other questions.

Matthew Hancox David Verroken Woo-Young Hong
Trustee Services Trustee Services Trustee Services
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+44 20 7767 6591 +44 20 7767 1558 +44 20 7767 5950

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