EU mergers and takeovers (June 28)

Tue Jun 28, 2011 7:45am EDT

 BRUSSELS, June 28 (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. supplier of axles, drive shafts and transmissions
Dana Holding Corp (DAN.N) and Bosch Rexroth, owned by German
industrial product company Robert Bosch GmbH [ROBG.UL], to form
a joint venture to develop an auto transmission system (approved
June 28)
 -- Sweden's Seb Trygg Liv Holding to acquire Irish Life
International from Irish Life and Permanent Group Holdings
(IPM.I) (approved June 27)
 
 NEW LISTINGS:
 -- Japanese drugmaker Takeda Pharmaceutical (4502.T) to
acquire Nycomed (notified June 27/deadline Aug. 2)
 -- FOEW, owned by Norwegian gas company Bonheur, Denmark's
Dong Energy [DOENRY.UL], holding company Novasion and Aalborg
Universitet to acquire turbine wind developer MIG Business
Development (notified June 23/deadline July 29/simplified)
 
 EXTENSIONS AND OTHER CHANGES:
 None
 
 FIRST-STAGE REVIEWS BY DEADLINE
 
 JUNE 29
 -- Austria's Raiffeisen Bank International (RBIV.VI) to
acquire a majority stake in Poland's Polbank from Greek lender
EFG Eurobank EFGr.AT (notified May 20/deadline June
29/simplified)
 
 JUNE 30
 -- Austria's RWA to acquire heating oil company OMV Warme
from Austrian oil group OMV (OMVV.VI) (notified May 23/deadline
June 30)
 
 JULY 1
  -- French luxury group LVMH (LVMH.PA) to acquire Italian
peer Bulgari BULG.MI (notified May 24/deadline July 1)
 -- French oil company Total (TOTF.PA) to acquire a
controlling stake in U.S. solar cell maker Sunpower (SUNP.SI)
(notified May 24/deadline July 1/simplified)
 
 JULY 5
 -- Abu Dhabi government fund IPIC to acquire full control of
Spanish oil company Cepsa from French oil company Total
(TOTF.PA) (notified May 26/deadline July 5)
 
 JULY 7
 -- Stichting Administratiekantoor Van der Sluijs Groep
Holding and Frisol Beheer B.V., a unit of Dutch property
developer Reggeborgh, to set up a petroleum supplies joint
venture to be called North Sea Group (notified May 30/deadline
July 7/simplified)
 -- French minerals company Imerys (IMTP.PA) to acquire miner
Rio Tinto's (RIO.AX) (RIO.L) talc business (notified May
30/deadline July 7)
 -- Building materials company Xella, jointly controlled by
Goldman Sachs (GS.N) and private equity firm PAI Partners, to
acquire Danish building materials supplier H+H (notified May
30/deadline extended to July 7 from March 1 after the Commission
referred parts of the transaction to the German regulator)
 
 JULY 8
 -- U.S. conglomerate GE (GE.N) to acquire French maker of
motors Converteam (notified May 31/deadline July 8)
 -- Grupo Iberdrola (IBE.MC) and Caja Rural de Navarra to set
up a joint venture to be called Renovables de la Ribera
(notified May 31/deadline July 8/simplified)
 
 JULY 11
 -- Auto repairs company Penske Automotive Group, which is
jointly controlled by Japanese trading house Mitsui & Co
(8031.T) and U.S. privately owned company Penske Corporation, to
acquire a 50 percent stake in Russian car dealer Alliance Motor
Tyumen which is owned by Mitsui (notified June 6/deadline July
11/simplified)
 -- Lundbeckfond Invest, controlled by Danish pharmaceuticals
group Lundbeck (LUN.CO), and Kirkbi Invest to indirectly acquire
joint control of emergency services company Falck (notified June
1/deadline July 11/simplified)
 -- Japanese electronics maker Toshiba Corp (6502.T) to
acquire Swiss meter maker Landis+Gyr (notified June 1/deadline
July 11/simplified)
 
 JULY 13
 -- ERG and Russian oil producer LUKOIL (LKOH.MM) to set up a
joint venture for generating power from renewable sources
(notified June 7/deadline July 13/simplified)
 
 JULY 14
 -- Holding company Access Industries to acquire music
company Warner Music Group WMG.N (notified June 8/deadline
July 14/simplified)
 
 JULY 15
 -- U.S. refiner Valero Energy Corp (VLO.N) to acquire
Chevron Corp's (CVX.N) Pembroke refinery in Wales and other
assets (notified June 9/deadline July 15/simplified)
 -- Private equity firm Kohlberg Kravis Roberts & Co (KKR.N)
to acquire German telecoms operator Versatel VTWGn.DE
(notified June 9/deadline July 15/simplified)
 
 JULY 18
 -- Spanish car parts maker Gestamp to acquire ThyssenKrupp's
(TKAG.DE) Metal Forming group (notified June 10/deadline July
18)
 
 JULY 19
 -- Holding company Talis International Holding to acquire
valve maker Raphael Valves Industries (notified June 14/deadline
July 19/simplified)
 -- Brazilian steelmaker CSN to acquire the cement and steel
assets of Spain's Grupo Alfonso Gallardo (notified June
14/deadline July 19/simplified)
 -- Private equity firms Rhone Capital and Triton to acquire
German company Evonik's industrial carbon division ECB (notified
June 14/deadline July 19)
 -- Finnish forestry group UPM-Kymmene (UPM1V.HE) to acquire
Finnish peer Myllykoski (notified Jan. 28/deadline extended to
July 19 from March 4 after Commission opens in-depth probe)
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