Tag: merger

Mergers: Commission clears acquisition of the Transmission Operator for the Galloper offshore windfarm by #DTC and #IRCP

Mergers: Commission clears acquisition of the Transmission Operator for the Galloper offshore windfarm by #DTC and #IRCP

| August 29, 2019

The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control over Diamond Transmission Partners Galloper (Holding) Limited by Diamond Transmission Corporation Limited(“DTC”) and InfraRed Capital Partners Limited (“IRCP”), all of the UK. Diamond Transmission Partners Galloper is the holding company of the Offshore Transmission Owner for the Galloper offshore windfarm, […]

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European Commission launch investigation into acquisition of NXP by Qualcomm

European Commission launch investigation into acquisition of NXP by Qualcomm

The European Commission has opened an in-depth investigation to assess the proposed acquisition of NXP by Qualcomm under the EU Merger Regulation. The Commission has concerns that the transaction could lead to higher prices, less choice and reduced innovation in the semiconductor industry. Commissioner Margrethe Vestager, in charge of competition policy, said: “We use our […]

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Commission clears 21st Century Fox’s proposed acquisition of Sky, but there are still hurdles ahead

Commission clears 21st Century Fox’s proposed acquisition of Sky, but there are still hurdles ahead

The European Commission has given its unconditional approval to the proposed acquisition of Sky by Twenty-First Century Fox. The Commission concluded the transaction would raise no competition concerns in Europe. However, this may not be the end of the saga. Australian mogul Rupert Murdoch is already the owner of the deeply eurosceptic Sun and Times […]

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LSE scuppers Deutsche Boerse #merger hopes by rejecting EU demand

LSE scuppers Deutsche Boerse #merger hopes by rejecting EU demand

| February 27, 2017 | 0 Comments

The London Stock Exchange (LSE.L) has all but ended a planned merger with Deutsche Boerse (DB1Gn.DE) to create Europe’s biggest stock exchange by ruling out a European antitrust demand, saying it has strong prospects alone, writes Huw Jones, John O’Donnell and Andreas Kröner. In a bid to create a European trading powerhouse that would better compete against U.S. rivals […]

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#HealthyDiet: From farm to fork – merger of EU fruit and milk schemes for schoolchildren

#HealthyDiet: From farm to fork – merger of EU fruit and milk schemes for schoolchildren

The EU’s fruit and vegetable scheme for schools is to be merged with the school milk scheme. In the process MEPs have secured additional funding for the programmes which aim to help schools serve children fresh produce. The new joint scheme is to be debated at plenary on Monday 7 March, with members voting on […]

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#Procter&Gamble: Commission approves acquisition of Procter & Gamble’s beauty products businesses by Coty

#Procter&Gamble: Commission approves acquisition of Procter & Gamble’s beauty products businesses by Coty

| February 17, 2016 | 0 Comments

The European Commission has approved under the EU Merger Regulation the acquisition of Procter & Gamble’s beauty products businesses by Coty. The Commission concluded that strong independent players would remain active in all the concerned markets. Coty and Procter & Gamble (‘P&G’) are both US manufacturers of beauty products. Their main products are fragrances, colour cosmetics […]

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#Staples Commission approves Staples’ acquisition of Office Depot, subject to conditions

#Staples Commission approves Staples’ acquisition of Office Depot, subject to conditions

| February 11, 2016 | 0 Comments

Following an in-depth review, the Commission has approved under the EU Merger Regulation the acquisition of office supplies distributor Office Depot by Staples, subject to the divestment of Office Depot’s contract distribution business in Europe and entire business in Sweden. Commissioner Margrethe Vestager, in charge of competition policy, said: “The substantial remedies package offered will […]

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