Tag: mergers

#Mergers – Commission clears creation of joint venture by #Saudi #Aramco Development Company and #Korea Shipbuilding and #OffshoreEngineeringCompany

#Mergers – Commission clears creation of joint venture by #Saudi #Aramco Development Company and #Korea Shipbuilding and #OffshoreEngineeringCompany

| November 12, 2019

The European Commission has approved, under the EU Merger Regulation, the creation of a joint venture by Saudi Aramco Development Company (“SADCO”) of Saudi Arabia and Korea Shipbuilding and Offshore Engineering Company, Ldt (“KSOE”) of South Korea. The joint venture will construct and operate a manufacturing site of engines and marine pumps in Saudi Arabia. […]

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Mergers: Commission clears the acquisition of #LegalAndGeneralInsurance by #Allianz

Mergers: Commission clears the acquisition of #LegalAndGeneralInsurance by #Allianz

| October 1, 2019

The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of Legal and General Insurance Limited (L&G Insurance) of the UK by Allianz Holdings plc (Allianz), which is a UK subsidiary of the Allianz group of Germany. Both L&G Insurance and Allianz offer various kinds of non-life insurance in the UK. Allianz […]

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Mergers: Commission clears acquisition of sole control over #Solidus by #Centerbridge

Mergers: Commission clears acquisition of sole control over #Solidus by #Centerbridge

| September 3, 2019

The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of Solidus Solutions (“Solidus”) of the Netherlands by Centerbridge Partners, L.P. of the US. Solidus manufactures packaging solutions. Centerbridge is a private investment management firm with offices in New York and London. The Commission concluded that the proposed acquisition would […]

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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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Mergers: Commission clears acquisition of #Pfleiderer by #SVP

Mergers: Commission clears acquisition of #Pfleiderer by #SVP

| August 23, 2019

The European Commission has approved, under the EU Merger Regulation, the acquisition of Pfleiderer Group S.A. of Poland by Strategic Value Partners, LLC (“SVP”) of the US. Pfleiderer is active in the production and supply of a range of engineered wood and surface finished products as well as laminates. SVP is an investment firm. The […]

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Mergers: Commission clears the acquisition of #Worldpay by #FIS

Mergers: Commission clears the acquisition of #Worldpay by #FIS

| July 9, 2019

The European Commission has approved, under the EU Merger Regulation, the acquisition of Worldpay, Inc. by Fidelity National Information Services, Inc. (‘FIS’), both of the US. Worldpay is a global provider of merchant acquiring and related payment technology services. FIS is a global provider of financial services technology with a focus on retail and institutional […]

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Mergers: Commission continues investigation of Orange/Jazztel merger without referral to Spain

Mergers: Commission continues investigation of Orange/Jazztel merger without referral to Spain

| January 26, 2015 | 0 Comments

The European Commission has decided not to refer the planned acquisition of Jazztel p.l.c. by Orange S.A. to the Spanish competition authority for assessment under Spanish competition law. The Commission concluded that it was better placed to deal with the case with a view to ensuring consistency in the application of the merger control rules […]

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