EU mergers and takeovers (July 10)

Fri Jul 10, 2009 9:37am EDT
 
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BRUSSELS, July 10 (Reuters) - The following are planned mergers under review by the European Commission and a brief guide to the EU merger process:

APPROVALS AND WITHDRAWALS:

-- French asset management company BNP Paribas Investment Partners SA, belonging to BNP Paribas (BNPP.PA), and peer Credit Agricole Asset Management Luxembourg SA (CAAM), belonging to Credit Agricole (CAGR.PA), acquire joint control of Luxembourg's Fund Channel, a logistic platform for distribution of UCITS products that was previously owned exclusively by CAAM (approved July 10)

-- Kazakh oil company Cooperatieve KazMunaiGaz PKI U.A., controlled by Kazakh national oil and gas company JSC National Company KazMunaiGaz RDGZ.KZ; and Austria's Euraisian Energy Holdings GmbH, controlled by China's largest oil and gas producer, China National Petroleum Corp (CNPC) [CNPET.UL], to take joint control of Kazakh oil and gas company JSC Mangistaumunaigaz (approved July 10)

NEW LISTINGS:

-- French aircraft maintenance company Sabena Technics SA, belonging to the TAT group, and Belgian air freight company TNT Airways SA, belonging to the TNT group (TNT.AS), acquire control of new Belgian joint venture X-Air Services SA, which repairs and maintains aircraft (notified July 3/deadline Aug.10/simplified)

EXTENSIONS AND OTHER CHANGES:

None

FIRST-STAGE REVIEWS BY DEADLINE:

JULY 17

-- German Bosch Thermotechnik GmbH, controlled by industrial conglomerate Robert Bosch GmbH [ROBG.UL], acquires Loos Deutschland GmbH, a family-owned supplier of commercial and industrial boiler systems (notified June 12/deadline July 17)  Continued...

 

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