EU mergers and takeovers (UPDATED July 23)


BRUSSELS, July 23 (Reuters) - Following are additions and deletions to takeovers, mergers and joint ventures under European Commission merger regulation review. (See end for guide to EU merger processes)


-- Plans by General Motors to purchase 42.1 percent of bankrupt Daewoo Motor Co of South Korea for $251 million in cash (cleared July 23)


-- Plans by Bank of Ireland and Allied Irish Banks for a joint venture, to be known as Sigma, which will provide information technology and computer related services (notified July 15/deadline August 19)


-- Plans by Sogecable to buy Telefonica's Via Digital. Prisa and Vivendi Universal each have 21.3 pct each of Sogecable while Telefonica own about half of Via Digital (notified 3 July/deadline 8 August/extended to Aug 19 to consider Spanish request to handle)

-- Plans by Logista services of Spain, a unit of Altadis group, and Corporacion Gestcamp to purchase Spain's Logesta Gestion de Transport, which handles road freight forwarding (naotified July 9/deadline August 12/candidate for simplified procedure)

-- Plans by Outokumpu Oyj of Finland to purchase AvestaPolarit Oyj Abp of Finland, now owned by Outokumpu and Corus Group . AvestaPolarit produces stainless steel (notified July 10/deadline August 12/candidate for simplified procedure)

-- Plans by Corus Group of Britain and Redrow for a joint venture to design and erect steel framing sections by acquiring Corus framing, owned wholly by Corus (notified July 9/deadline Aguust 12/candidate for simplified procedure)

-- Plans by RWE Gas of Germany and Lattice Group of Britain for a joint venture related to natural gas trading and transport (notified July 9/deadline August 12)

-- Plans by Kingfisher plc of Britain to buy out Comandites' share of their joint venture Castorama Dubois Investissements SCA of France, by exercising an option. Both firms make products for the home (notified July 8/deadline Aug 9/candidate for simplified procedure)

-- Plans by P&O to buy out Stena Line AB's share of their joint ferry services venture on the Dover-Calais and Dover-Zeebrugge routes, P&O Stena Line Holdings Limited (notified July 5/deadline August 8)

-- Plans by Finnish lift maker Kone for a hostile bid for engineering group Partek engineering group (notified July 4/deadline August 8/candidate for simplified procedure)

-- Plans by AXA investment Managers Private Equity of France to purchase Bonna Sable of France, which provides concrete products for the building trade and service engineering (notified July 4/deadline August 5/candidate for simplified procedure)

-- Plans by GeoPost, belonging to La Poste of France, to purchase Masterlink Express of Poland, controlled by Baltic Logistic System International. Masterlink provides rapid parcel services and domestic express services in Poland (notified 4 July/deadline 8 August/candidate for simplified procedure)

-- Plans by Hitachi Ltd of Japan to purchase the hard disk drive business of IBM (notified 2 July/deadline 5 August)

-- Plans by Klepierre of France, a division of BNP Paribas , to purchase Italy's Immobiliare Gallerie Commerciali, now controlled by from Finiper (notified July 4/deadline August 5/candidate for simplified procedure)

-- Plans by Ernest & Young auditors to enter into a full merger with two former Andersen affiliates in France, Barbier Frinauld and Andersen France (notified July 1/deadline August 2)

-- Plans by L'Oreal of France, controlled by the Bettencourt family, and Nestle of Switzerland for a joint, Inneov, to sell food supplements with a cosmetic objective (notified 27 June/deadline July 29)

-- Plans by private equities investments Clayton, Dublilier & Rice Fund VI Limited partnership a unit Clayton, Dubilier & Rice Inc. to gain control of British wholsesale food distributors Brake Bros plc , by public tender offer for shares announced on June 25. (notified June 25, deadline July 26)

-- Plans by Electricite de France [EDF.UL] to buy British utility Seeboard from American Electric Power Co Inc. in a $2.1 billion deal (notified June 24/deadline July 25)

-- Plans by Italy's ACEA and BTicino, contolled by France's Legrand , Sweden's Ericsson and Germany's Siemens , for a joint venture to develop, make and sell an advanced system for management and control of low voltage networks (notified 3 July/deadline August 5/candidate for simplified procedure/withdrawn July 23)


-- Plans by Radici Group's Promatech unit of Italy to purchase Sulzer Textile of Switzerland's unit making textile machinery. Referred by authorities in Spain, Italy, Britain, Germany, France, Portugal and Austria (notified on Dec 7, 11, 18, 19 and 21 of 2001 and February 11 and 13 2002/ deadline extended to April 16/in-depth investigation announced April 17/deadline extended August 26)

-- Plans by Carnival Corp . of the United States to purchase Britain's P&O Princess Cruises . Both firms provide cruises (notified on Feb 27/deadline April 3/extended to April 16/in-depth probe announced April 12/deadline August 19)

*) The Commission has a calendar month after a deal has been filed to clear it or start a detailed, four-month probe. It can extend its initial review by two weeks if it identifies competition problems and companies submit undertakings.

Referral requests by EU national governments, usually in defence, utilities and media sectors, also trigger an initial two-week extension. The clock is re-started on incomplete filings when they are completed.

Under the simplified procedure, the Commission announces the clearance of uncontroversial mergers without giving any reasons for its decision.



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