EU mergers and takeovers (July 26)

MIG Holdings SA

26/07/2013 11:42

BRUSSELS, July 26 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- Investment bank Goldman Sachs  GS.N  and financial services company Gavea Investimentos to acquire joint control of Latin American telecoms services company Cell Site Solutions Cessao de Infraestruturas S.A. (approved July 26) -- U.S. grain trader Archer Daniels Midland Co  ADM.N  to buy Australian grain handler GrainCorp Ltd  GNC.AX  (approved July 26) NEW LISTINGS -- Private equity firm Towerbrook Investors to buy metal processing company Metallum Holding S.A. (notified July 25/deadline Aug. 30/simplified) EXTENSIONS AND OTHER CHANGES -- Greek carrier Aegean Airlines  AGNr.AT  to buy Olympic Air  MRFr.AT  (notified Feb. 28/deadline extended for the third time to Sept. 25 from Sept. 3) FIRST-STAGE REVIEWS BY DEADLINE AUG 5 -- Norwegian sovereign wealth fund Norges Bank to acquire a joint control of French property developer SCI Pasquier which is now solely owned by Italian insurer Generali  GASI.MI  (notified July 1/deadline Aug. 5/simplified) -- Canada's Valeant Pharmaceuticals International  VRX.TO  to buy eye health products maker Bausch & Lomb Holdings Inc WPRISB.UL  from private equity firm Warburg Pincus LLC (notified July 1/deadline Aug. 5) AUG 6 -- US Airways Group  LCC.N  and American Airlines  AAMRQ.PK  to merge (notified June 18/deadline extended to Aug. 6 from July 23 after the airlines offered concessions) AUG 7 -- Buyout firm BC Partners  BCPRT.UL  to buy German publisher Springer Science+Business Media from Swedish private equity fund EQT and Government of Singapore Investment Corp GIC.UL  (notified July 3/deadline Aug 7/simplified) AUG 8 -- Private equity firm Bain Capital to buy home products retailer Maisons du Monde (notified Sept 4/deadline Aug. 8/simplified) -- Private equity firm Clayton, Dubilier & Rice LLC to acquire online used vehicle purchasing services company which owns car seller "We buy any car" (notified July 4/deadline Aug. 8) AUG 16 -- Spanish telecoms provider Telefonica  TEF.MC , Spanish lender Caixabank and Spain's Banco Santander  SAN.MC  to set up an advertising services joint venture (notified July 11/deadline Aug. 16) -- French paper products company Antalis to acquire U.S. printer and copier company Xerox's  XRX.N  western Europe paper distribution business (notified July 11/deadline Aug. 16) AUG 19 -- Hong Kong-based Cheung Kong (Holdings) Ltd  0001.HK , Hutchison Whampao Ltd's  0013.HK  Cheung Kong Infrastructure Holdings Ltd  1038.HK , Power Assets Holdings Ltd  0006.HK  and Li Ka Shing Foundation Ltd to buy Dutch waste processing firm RAV Water Treatment I B.V. (notified July 12/deadline Aug. 19/simplified) Aug 21 -- Private equity firm The Carlyle Group LP  CG.O  to buy packaging products supplier Chesapeake Holdings S.A.R.L. (notified July 16/deadline Aug. 21/simplified) AUG 26 -- French insurer AXA's  AXAF.PA  private equity arm and Chinese conglomerate Fosun International  0656.HK  to buy travel services company Club Mediterranee  CMIP.PA  (notified July19/deadline Aug. 26/simplified) -- Private equity firm Triton to acquire Danish pipe maker Logstor (notified July 19/deadline Aug. 26) AUG 27 -- Private equity group the Carlyle Group to buy German wood products manufacturer Klenk Holz AG (notified July 22/deadline Aug. 27/simplified) SEPT 6 -- Swedish refiner Nynas to purchase certain assets from Royal Dutch Shell's  RDSa.L  Harburg refinery (notified Feb. 19/deadline extended for the second time to Sept. 6 from Aug. 8) GUIDE TO EU MERGER PROCESS DEADLINES: The European Commission has 25 working days after a deal is  filed for a first-stage review. It may extend that by 10 working days to 35 working days, to consider either a company's proposed remedies or an EU member state's request to handle the case. Most mergers win approval but occasionally the Commission  opens a detailed second-stage investigation for up to 90  additional working days, which it may extend to 105 working  days. SIMPLIFIED: Under the simplified procedure, the Commission announces the clearance of uncontroversial first-stage mergers without giving any reason for its decision. Cases may be reclassified as non-simplified -- that is, ordinary first-stage reviews -- until they are approved. (Editing by Foo Yun Chee) ((brussels.newsroom@thomsonreuters.com)(+32-2-287-6830)) Keywords: EU MERGERS/TAKEOVERS