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That's in stark contrast to the political opposition that has been unleashed on cross border mergers in Italy, most recently illustrated by the negative reaction to AT&T's attempt to buy Telecom Italia earlier this year.
This alliance could form the basis of a cross-border merger between our airlines".
The deal could be the largest cross-border merger in Central Europe's history.
However, as in any cross-border merger they run the risk of over-complexity and integration difficulties.
It is the second instance of significant suspicious trading ahead of a cross-border merger this year.
The cross-border merger highlights the stark differences in workers' rights in the US, Canada and the UK.
The usual alternative for such companies is a cross-border merger, but those are problematic in Australia.
The deal and a subsequent string of acquisitions became a business-school model of a huge cross-border merger.
Fortis itself is the product of a cross-border merger and has a good track record in integrating acquisitions.
It is "lobbying hard in Bucharest", according to a competitor.But for Mr Ackermann a big cross-border merger in western Europe would be another matter.
If it goes ahead, the deal would create a global bank worth £80bn (€117bn, $155bn) in the biggest ever cross-border merger.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com