EU mergers and takeovers (March 31) =2



-- Heineken International , the Dutch brewer, buys British peer Scottish and Newcastle (notified Feb. 12/deadline March 18/10 working days extension/new deadline April 4)

-- UK beer and other beverages producer SABMiller and U.S. peer Molson Coors Brewing Co form joint venture to produce, distribute and sell beer in the United States and Puerto Rico (notified Feb. 26/deadline April 4/simplified)


-- EADS Astrium, a French unit of Franco-German commercial and military aerospace company EADS Group , and Belgian investment fund companies Theodorus and Theodorus II, both controlled by the Belgian Universite Libre de Bruxelles, buy Belgian thermal control systems company Euro Heat Pipes (notified Feb. 27/deadline April 7/simplified)

-- Axa Group's SCI Vendome Commerces unit and BNP Paribas' Klepierre unit, two French firms which sell insurance and banking services respectively, buy joint control of Annecy Courier, a commercial centre in Annecy (notified Feb. 27/deadline April 7/simplified)


-- Spanish real estate company FCC Construccion and Austrian construction company Allgemeine Baugesellschaft - A. Porr Aktiengesellschaft buy Serbian construction company Sever-Jug Autoput (notified Feb. 28/deadline April 8/simplified)


-- Dutch private equity company AAC Capital Partners and Danish peer Polaris Private Equity buy Danish baby clothing retailer BabySam (notified Feb. 29/deadline April 9/simplified)

-- French carmaker Renault and Russian Technologies, a Russian state intermediary agency for export and import of military and dual-purpose products, buy Russian carmaker AvtoVAZ (notified Feb. 29/deadline April 9)


-- ArcelorMittal Steel Service Centres, a specialised unit of Luxembourg's ArcelorMittal , and Swedish steel distribution company BE Sverige create a joint venture to combine steel service centre activities of both parties in Sweden (notified March 4/deadline April 11)

-- Italian catering and retail company Autogrill buys Spanish duty-free retailer Aldeasa (notified March 4/deadline April 11/simplified)


-- Diversified U.S. manufacturer Ingersoll-Rand Co Ltd buys Trane Inc , a U.S. maker of heating and air conditioning systems (notified March 3/deadline April 14)

-- Candover Partners, a British fund management company, acquires joint control of Towergate Partnership Ltd, a British distributor of non-life insurance products; Paymentshield Group Holdings Ltd, a British distributor of mortgage payment protection insurance; and Broomco Ltd, a British provider of insurance technology solutions (notified March 5/deadline April 14/simplified)

-- Itema Holding of Italy, a maker of textile machinery, purchases Gebrueder Loepfe, also known as BarcoVision, of Switzerland, a maker of sensors and inspection systems for textiles (notified Feb. 20/March 31/10 working days extension/new deadline April 14)


-- Vivendi , a French communication and media group, buys Activision , a U.S. game software publisher (notified March 7/deadline April 16)

-- Candover Partners, a British unit of private global investment firm Candover Group , buys Bourne Leisure Holdings, a British holiday accommodation company (notified March 7/deadline April 16/simplified)

-- Associated British Foods buys some assets of GBI of the Netherlands, which produces yeast (notified Feb. 22/deadline April 2/10 working days extension/new deadline April 16)


-- French insurance group Groupama buys Hungarian insurance company OTP Garancia Biztosito Zartkoruen Mukodo Reszvenytarsasag (notified March 10/deadline April 17)


-- Suez Environment, a French company active in water and waste management worldwide, buys SITA Sverige AB, a Swedish company active in waste management in Sweden and Finland (notified March 11/deadline April 18/simplified)


-- Marel Food Systems , an Icelandic fish and poultry processing machinery and systems company, buys the food systems division of Dutch industrial group Stork NV (notified Feb. 18/deadline March 27/renotified on March 12/new deadline April 21)

-- French guided weapons manufacturer MBDA and French energetic equipment manufacturer SNPE Materiaux Energetiques, acting through their French joint venture Roxel, buy joint control of Protac, a French maker of guided weapons propulsion systems (notified March 12/deadline April 21)


-- Swedish private equity company Altor Fund II buys Swedish office supplies distributor Papyrus and related companies (notified March 14/deadline April 23/simplified)

-- StatoilHydro, a Norwegian integrated oil and gas company active in Denmark, Norway and Sweden, buys Jet Scandinavia, motor fuels retail stations in Denmark, Norway and Sweden (notified March 14/deadline April 23)

-- Colony Investors VII and Colyzeo Investors, UK units of U.S. private equity firm Colony Capital, and Morgan Stanley & Co International, a unit of U.S. global financial services provider Morgan Stanley Group , buy French holding company of PSG Football Colfilm (notified March 14/deadline April 23/simplified)


-- French utilities Gaz de France and Suez buy Teesside Power, a UK combined cycle gas turbine power plant (notified March 17/deadline April 24/simplified)

-- Pirelli & C Ambiente Renewable Energy, an Italian company active in renewables, and Acea , an Italian utility, create a joint venture active in the production of CDR-Q (combustible derived from high-quality waste) (notified March 17/deadline April 24/simplified)


-- Sweden's Tech Data, Norway's Tech Data Norge and Tech Data Finland, three units of U.S. IT products distributor Tech Data , buy Sweden's Scribona , a distributor of IT products in Sweden, Norway and Finland (notified March 19/deadline April 28)

-- Englefield Capital and Cognetas Fund II, both British diversified private equity funds, buy Morrison Utility Services, a British utility infrastructure installation and maintenance company (notified March 19/deadline April 28/simplified)


-- Israeli petrochemical products maker Carmel Olefins and Belgian chemicals producer Domo Chemicals acquire joint control of Belgian polypropylene producer Domo Polypropylene (notified March 25/deadine April 29/simplified)


MAY 15

-- STX Corp , a South Korean shipbuilding, energy and heavy industries group, buys Aker Yards of Norway, also engaged in shipbuilding (notified Nov. 16/deadline Dec. 21/in-depth opened Dec. 20/deadline May 15)

MAY 21

-- TomTom NV , a Dutch maker of navigation software and devices, buys Tele Atlas , a Dutch producer of digital maps (notified Oct. 22/deadline Nov. 28/in-depth review deadline April 17/extended to May 5/extended to May 21)

MAY 23

-- Sequana Capital unit Arjowiggins Group of France, a producer of specialty paper, buys a paper mill in Germany from M-real of Finland (notified Oct. 31/deadline Dec. 7/in-depth probe ordered/deadline April 28/on Jan. 10, extended to May 23)


-- Austrian oil and gas group OMV buys Hungarian crude oil producer and refiner MOL (notified Jan. 31/ deadline March 6/on March 7, extended to July 22)

AUG. 8

-- A U.S. unit of Finnish communications networks company Nokia buys U.S. digital map data company Navteq (notified Feb. 19/deadline March 28/in-depth review opened March 28/deadline Aug. 8)





The European Commission has 25 working days after a deal is filed for a first-stage review. It may extend that 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.


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.



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