EU mergers and takeovers (Nov 12)

Thu Nov 12, 2009 5:34pm GMT
 
Email | Print | | Single Page
[-] Text [+]

BRUSSELS, Nov 12 (Reuters) - The following are planned mergers under review by the European Commission and a brief guide to the EU merger process:

APPROVALS AND WITHDRAWALS:

-- Chinese aluminium maker Guangdong Dongyangguang Aluminium Co Ltd (GDA) (600673.SS), part of the Shenzhen Dongyangguang Group; Japanese aluminium maker Furukawa-sky Aluminium Corp (5741.T), and Japanese trading company Mitsui & Co Ltd (8031.T), acquire joint control of Ruyuan Dongyangguang Fine Aluminium Foil Co Ltd and Shaoguan Yangzhiguang Aluminium Foil Co Ltd in China (approved Nov. 12)

-- Canadian auto parts maker Magna International Inc (MGa.TO) and Russian banking group Sberbank (SBER03.MM) plan to acquire 55 percent of the shares in Adam Opel GmbH, the main European business and assets of U.S. automaker General Motors Co [GM.UL]. GM will retain 35 percent of the new company, known as NewOpel. Magna, Sberbank and GM will have joint control over NewOpel (withdrawn)

NEW LISTINGS:

-- Eurotank Belgium B.V., controlled by Dutch oil trader Vitol Holding B.V., to acquire control of Belgian bitumen producer Petroplus Refining Antwerp N.V. and Petroplus Refining Antwerp Bitumen N.V. (notified Nov. 9/deadlinie Dec. 14/simplified)

-- Privately-owned oil trader Normeston Trading Ltd and Hungarian energy company MOL MOLB.BU to acquire joint control of MOL Energy Trade Ltd (notified Nov. 9/deadline Dec. 14)  Continued...

 

Most Popular General News on Reuters UK

  • Articles
  • Videos