EU mergers and takeovers (Dec 1)
01/12/2014 12:37
BRUSSELS, Dec 1 (Reuters) - The following are mergers under
review by the European Commission and a brief guide to the EU
merger process:
APPROVALS AND WITHDRAWALS
-- U.S. medical device maker Medtronic Inc MDT.N to
acquire Irish peer Covidien COV.N (approved Nov. 28)
NEW LISTINGS
-- Swiss drugmaker Novartis NOVN.VX to acquire British
peer GlaxoSmithKline's GSK.L oncology products (notified Nov.
28/deadline Jan. 14)
-- British drugmaker GlaxoSmithKline GSK.L to acquire
Novartis' NOVN.VX vaccines business, excluding Flu, and the
settting up of a consumer healthcare joint venture (notified
Nov. 28/deadline Jan. 14)
-- Generic drugmaker Mylan Inc MYL.O to purchase Abbot
Laboratories' specialty and branded generics business outside
the United States (notified Nov. 28/deadline Jan. 14)
-- PRS for Music Ltd (PRSfM), Foreningen Svenska Tonsattares
Internationella Mysikbyra (Stim) and Gesellschaft für
musikalische Aufführungs- und mechanische
Vervielfältigungsrechte (Gema) to set up a joint venture to
administer mechanical and performing rights (notified Nov.
28/deadline Jan. 14)
-- Czech energy group Energeticky a Prumyslovy Holding (EPH)
to acquire the Eggborough British coal-fired power plant from
Eggborough Power Ltd (notified Nov. 28/deadline Jan.
14/simplified)
-- Private equity firm CVC Capital Partners CVC.UL to
acquire Dutch cable and wires producer Betafence Holding NV
(notified Nov. 28/deadline Jan. 14/simplified)
-- Wood products retailer Oji Holdings 3861.T and
petroleum products retailer Itochu Enex Co. Ltd 8133.T to set
up two joint ventures in Japan (notified Nov. 27/deadline Jan.
13/simplified)
EXTENSIONS AND OTHER CHANGES
None
FIRST-STAGE REVIEWS BY DEADLINE
DEC 1
-- Mondelez International Inc MDLZ.O and competitor D.E
Master Blenders DEMBF.PK to merge their coffee businesses in
new company called Jacobs Douwe Egberts (notified Oct.
27/deadline Dec. 1)
-- Oil major BP BP.L to acquire jet fuel business Statoil
Fuel and Retail Aviation (notified Oct. 27/deadline Dec. 1)
DEC 4
-- French telecoms operator Orange ORAN.PA to acquire
Spanish provider Jazztel JAZ.MC (notified Oct. 16/deadline
extended to Dec. 4 from Nov. 20 after the Spanish competition
authority asked to review the case/commitments submitted on Nov.
13)
DEC 5
-- Malaysian palm oil producer Sime Darby Bhd SIME.KL to
acquire New Britain Palm Oil Ltd NBPO.L (notified Oct.
31/deadline Dec. 5/simplified
DEC 7
-- Brazilian juice maker Grupo Cutrale and investment firm
Safra Group to jointly acquire U.S. banana producer Chiquita
CQB.N (notified Nov. 21/deadline Dec. 7/simplified)
DEC 9
-- U.S. healthcare information company IMS Health IMS.N to
acquire certain businesses from French healthcare software
provider Cegedim CGDM.PA (notified Nov. 4/deadline Dec. 9)
DEC 10
-- Santander Consumer Finance, part of Spanish bank
Santander SAN.MC , and French car maker Peugeot S.A. (PSA) to
set up a series of joint finance companies (notified Nov.
5/deadline Dec. 10)
DEC 11
-- Mining groups Anglo American AAL.L and BHP Billiton
BHP.AX BLT.L to acquire joint control of manganese miner
Samancor which is now solely controlled by BHP Billiton
(notified Nov. 6/deadline Dec. 11/simplified)
-- Oil giant Saudi Aramco to buy a minority stake in South
Korean refiner S-Oil Corp 010950.KS from Hanjin Group
HANJ.UL (notified Nov. 6/deadline Dec. 11/simplified)
DEC 12
-- U.S. investment management firm Varder Partners to
acquire 51 percent of Spanish bank Popular's POP.MC credit
card business (notified Nov. 14/deadline Dec. 12/simplified)
-- Privately-held Czech airline Travel Service to take a 34
percent stake in national carrier Czech Airlines (notified Nov.
14/deadline Dec. 12
DEC 15
-- Oil major BP BP.L to acquire jet fuel business Statoil
Fuel and Retail Aviation (notified Oct. 27/deadline extended to
Dec. 15 from Dec. 1 after the companies offered concessions)
-- Mondelez International Inc MDLZ.O and competitor D.E
Master Blenders DEMBF.PK to merge their coffee businesses in
new company called Jacobs Douwe Egberts (notified Oct.
27/deadline extended to Dec. 15 from Dec. 1 after the companies
offered concessions)
-- Aerospace group Airbus AIR.PA and Singapore Airlines
SIAL.SI to jointly acquire Airbus Asia Training Centre
(notified Nov. 10/deadline Dec. 15/simplified)
-- France's Lafarge LAFP.PA and Swiss peer Holcim
HOLN.VX to merge (notified with commitments on Oct.
27/deadline Dec. 15)
DEC 16
-- Private equity firms Blackstone BX.N and TPG to jointly
acquire British mortgage lender Kensington Group plc (notified
Nov. 11/deadline Dec. 16/simplified)
DEC 17
-- Private equity firm 3i to acquire Diamond Holding GmbH
from German jewellery retailer Group Christ Juweliere und
Unrmacher Seit (notified Nov. 12/deadline Dec. 17/simplified)
DEC 18
-- ReAssure to acquire HSBC's HSBA.L pensions
manufacturing business (notified Nov. 13/deadline Dec.
18/simplified)
DEC 19
-- Private equity firm CCMP Capital to acquire joint control
of chemicals producer PQ Holdings Inc which is now jointly
controlled by INEOS and private equity group The Carlyle Group
LP CG.O (notified Nov. 14/deadline Dec. 19/simplified)
-- Czech state-owned holding company Cesky Aeroholding and
privately-owned low-cost Czech carrier Travel Service to jointly
acquire Czech Airlines (notified Nov. 14/deadline Dec. 19)
-- Private equity firm EQT to acquire German engineering
groups Siemens's SIEGn.DE hearing-aids business (notified Nov.
14/deadline Dec. 19/simplified)
-- CCMP Capital to acquire 47 percent stake in PQ Corp from
Carlyle Group CG.O (notified Nov. 14/deadline Dec.
19/simplified)
-- Yanfeng Automotive Trim Systems, a subsidiary of China's
biggest automaker SAIC Motor Corp., to acquire Johnson Control's
JCI.N auto interiors business (notified Nov. 14/deadline Dec.
19/simplified)
DEC 23
-- U.S. company IBM IBM.N to take over German airline
Lufthansa's LHAG.DE information technology infrastructure
services division and staff for 1 billion euros (notified Nov.
18/deadline Dec. 23)
JAN 5
-- Norwegian telecoms firm Telenor TEL.OL to form a joint
venture with media company Schibsted SBST.OL , South Africa's
Naspers NPNJn.J and Singapore Press Holdings SPRM.SI
(notified Nov. 19/deadline Jan. 5/simplified)
JAN 6
-- French holding company Eurazeo EURA.PA and Groupe
Credit Agricole CAGR.PA to jointly acquire two building
complexes SCI Lafayette and SCI Stratege (notified Nov.
20/deadline Jan. 6/simplified)
-- Hong Kong conglomerate Cheung Kong 0001.HK to form
joint venture with Mitsubishi Corp's 8058.T leasing arm MC
Aviation Partners (notified Nov. 20/deadline Jan. 6/simplified)
JAN 8
-- Dutch investment firm SHV to acquire Dutch animal feed
and nutrition company Nutreco NUO.AS (notified Nov.
24/deadline Jan. 8/simplified)
-- Norwegian media group Schibsted SBST.OL and Norwegian
telecoms operator Telenor TEL.OL to set up a joint
venture(notified Nov. 25/deadline Jan. 8/simplified)
-- Investment firm Apollo Management to acquire Italian
insurer Carige (notified Nov. 24/deadline Jan. 8/simplified)
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