EU mergers and takeovers (Sept 12)

NIPPON SANSO HOLDINGS

12/09/2018 13:22

BRUSSELS, Sept 12 (Reuters) - The following are mergers
under review by the European Commission and a brief guide to the
EU merger process:
    
    APPROVALS AND WITHDRAWALS
    None

    NEW LISTINGS
    -- French private equity firm PAI Partners to buy board game
publisher Asmodee Group (notified Sept. 11/deadline Oct.
16/simplified)
    -- Japanese industrial gas supplier Taiyo Nippon Sanso
 4091.T  to buy majority of the European business of industrial
gas company Praxair  PX.N  (notified Sept. 11/deadline Oct. 16)
        
    EXTENSIONS AND OTHER CHANGES
    None
        
    FIRST-STAGE REVIEWS BY DEADLINE
    
    SEPT 19
    -- Private equity firm KKR  KKR.N  to acquire U.S. business
software company BMC Software (notified Aug. 14/deadline Sept.
19/simplified)
    -- French carmaker PGA Motors and Fiber to acquire joint
control of auto dealer and car parts distributor Bernard
Participations (notified July 31/deadline extended to Sept. 19
from Sept. 5 after the French competition authority asked to
take over the case)

    SEPT 21
    -- Norwegian aluminium maker Norsk Hydro  NHY.OL  to acquire
some of Anglo-Australian mining company Rio Tinto's  RIO.L 
 RIO.AX  aluminium production assets (notified Aug. 17/deadline
Sept. 21)
    
    SEPT 24
    -- Private equity firm Advent International to acquire
General Electric's  GE.N  distributed power business (notified
Aug. 20/deadline Sept. 24/simplified)
    -- French energy company Total  TOTF.PA  to acquire gasd
turbine power plant operators Pont Sur Sambre Power and Toul
Power (notified Aug. 20/deadline Sept. 24/simplified)
    -- Real estate investment fund DV4, Dutch pension fund ABP
and Canada's Ontario Municipal Employees Retirement System
Primary Pension Plan to set up a British property joint venture
(notified Aug. 20/deadline Sept. 24/simplified) 
    
    SEPT 25
    -- German alphalt maker Deutsche Asphalt, which is a
subsidiary of Austrian construction company Strabag  STRV.VI ,
and German road construction company Bunte to set up a joint
venture (notified Aug. 21/deadline Sept. 25/simplified)
    
    SEPT 26
    -- U.S. private equity fund Charlesbank Partners Group to
acquire joint control of contract food maker H-Food Holdings and
the Hearthside group of companies  HGHL.UL  (notified Aug.
22/deadline Sept. 26/simplified)
    
    SEPT 27
    -- Kuwait's sovereign wealth fund Kuwait Investment
Authority to acquire oil and gas pipeline firm North Sea
Midstream Partners from private equity firm ArcLight Capital
(notified Aug. 23/deadline Sept. 27/simplified)
    -- U.S. planemaker Boeing  BA.N  and French aerospace
company Safran  SAF.PA  to set up a joint venture to make and
service aircraft auxiliary power units (notified Aug.
23/deadline Sept. 27)
    
    SEPT 28
    -- Private equity firm KKR  KKR.N  and French telecoms
provider Altice  NUMCF.PK  to acquire joint control of Altice's
French subsidiary SFR Filiale (notified Aug. 24/deadline Sept.
28/simplified)
    -- U.S. management company Abry Partners to acquire
Norwegian A2P messaging company Link Mobility ASA
 LINK.OL (notified Aug. 24/deadline Sept. 28/simplified)
    
    OCT 1
    -- Canada's Public Sector Pension Investment Board and
Canadian institutional investor British Columbia Investment
Management Corporation (BCI) to acquire joint control of
Canadian forest product company Island Timberlands (notified
Aug. 27/deadline Oct. 1/simplified)
    -- Private equity firm EQT Fund Management to acquire
Luxembourg specialty chemicals and food ingredients distributor
Azelis  AZELI.UL  (notified Aug. 27/deadline Oct. 1/simplified)
    
    OCT 3
    -- U.S. plane maker Boeing  BA.N  to acquire aerospace parts
company KLX  KLXI.O  (notified Aug. 29/deadline Oct. 3)
    -- Goldman Sachs  GS.N  and Japanese financial services
group Orix Corp  8591.T  to acquire shares in Japanese
pharmaceutical company ILS Inc
    
    OCT 4
    -- Private equity fund Lone Star to buy roof tiles business
of France's Imerys  IMTP.PA  (notified Aug. 30/deadline Oct.
4/simplified)
    -- German project group Steag and German engineering company
Siemens  SIEGn.DE  take joint control of power plan in Herne,
western Germany (notified Aug. 30/deadline Oct. 4)
    -- Germany's Vossloh and Austria's Rhomberg Sersa Rail
Holding form joint venture in railway technology (notified Aug.
30/deadline Oct. 4/simplified)
    
    OCT 5
    -- Boeing  BA.N  and automotive seat maker Adient  ADNT.N 
to form joint venture to make airline seats (notified Aug.
31/deadline Oct. 5) 
    -- Japanese beverages and pharmaceutical group Kirin
Holdings  2503.T  and Japanese trading house Mitsui  8031.T  to
acquire joint control of nutritional supplements company Thorne
Holding Corp (notified Aug. 31/deadline Oct. 5/simplified)
    
    OCT 8
    -- Swedish mobile operato Tele2  TEL2b.ST  to buy Swedish
cable TV company Com Hem (notified Sept. 3/deadline Oct. 8)
    -- Chinese conglomerate CITIC Group  CITIC.UL  to require a
majority stake in Czech holding group European Bridge Travel,
which controls travel services companies (notified Sept.
3/deadline Oct. 8/simplified)
    
    OCT 9
    -- Alphabet's  GOOGL.O  Verily forms a joint venture with
ResMed  RMD.N  to study sleep apnea (notified Sept. 4/deadline
Oct. 9/simplified)
    -- Canadian auto parts maker Magna  MG.TO  to acquire
Italian lighting products maker Olsa (notified Sept. 4/deadline
Oct. 9/simplified)
    
    OCT 11
    -- Private investment firm SK Capital Partners to buy U.S.
specialty chemical company Schenectady International (notified
Sept. 6/deadline Oct. 11)

    OCT 12
     -- Business process services company Synnex Corp  SNX.N  to
buy call center operator Convergys Corp  CVG.N  (notified Sept.
7/deadline Oct. 12/simplified)
    -- Buy-out firm Cinven, through its controlled portfolio
company Viridium Holding, to acquire sole control of insurance
company Generali Lebensversicherung (notified Sept. 7/deadline
Oct. 12/simplified)
    -- German gaming and gambling company Gauselmann  GAUS.UL 
to take a 33 percent stake and joint control of casino operator
Spielbank Mainz (notified Sept. 7/ deadline Oct. 12/simplified)
    -- Investment company Bregal to buy travel firm Trendtours
Touristik (notified Sept. 7/deadline Oct. 12/simplified)
    
    OCT 15
    -- U.S. pet food maker Mars Petcare to buy European
veterinary business Anicura (notified Sept. 10/deadline Oct. 15)
    -- Qatar Petroleum  QATPE.UL  to acquire a 30 percent stake
in two of Exxon Mobil's  XOM.N  affiliates in Argentina
(notified Sept. 10/deadline Oct. 15/simplified)
    
    OCT 16
    -- French equity firm PAI Partners to buy board game
publisher Asmodee (notified Sept. 11/deadline Oct.
16/simplified)
    -- Japanese industrial gas supplier Taiyo Nippon Sanso
 4091.T  to buy European business of industrial gas company
Praxair  PX.N  (notified Sept. 11/deadline Oct. 16)
        
    NOV 30 
    -- Deutsche Telekom  DTEGn.DE  to acquire Swedish peer
Tele2's  TEL2b.ST  Dutch unit and merge it with its Dutch
business T-Mobile Nederland (notified May 2/deadline Nov. 30
after deadline suspension ended Aug. 6)

    DEC 13
    -- Copper company KME, which is part of Intek Group
 IKG.MI , to acquire German peer MKM Mansfelder Kupfer and
Messing GmbH (notified June 4/deadline extended to Dec. 13 from
Nov. 29 after the companies asked for more)
    
    DEC 18
    -- German company BASF  BASFn.DE  to acquire Belgian
chemicals company Solvay's  SOLB.BR  worldwide polyamide
business (notified May 22/deadline Dec. 18)

    
    JAN 3
    -- German copper products maker Wieland-Werke to acquire
German copper smelter Aurubis'  NAFG.DE  flat rolled products
unit Products Schwermetall (notified June 13/deadline extended
to Jan. 3 from Dec. 10 after the companies asked for more time)
    
    JAN 8
    -- French aerospace and defence group Thales  TCFP.PA  to
acquire Franco-Dutch chipmaker Gemalto  GTO.AS  (notified June
18/deadline extended to Jan. 8 from Nov. 29 from July 23 after
the companies asked for more time)
    
    JAN 28
    -- Siemens  SIEGn.DE  and Alstom  ALSO.PA  to merge their
railway operations (notified June 8/deadline set at Jan. 28 on
Sept. 7)
    
    SUSPENDED DEADLINE
    
    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.

 (Reporting by Foo Yun Chee)
 ((foo.yunchee@thomsonreuters.com; +32 2 287 6844; Reuters
Messaging: foo.yunchee.thomsonreuters.com@reuters.net))