EU mergers and takeovers (Oct 28)

Tue Oct 28, 2008 11:10am EDT
 
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BRUSSELS, Oct 28 (Reuters) - The following are proposed mergers, acquisitions and joint ventures under review by the European Commission, and a brief guide to the EU merger process:

APPROVALS AND WITHDRAWALS:

NEW LISTINGS:

-- MidAmerican Energy Holdings Company present in different energy businesses and controlled by diversified investment group Berkshire Hathaway (BRKa.N), to acquire power generation and energy supplier Constellation Energy Group Inc (CEG.N). (notified Oct 23/deadline Nov. 27/simplified)

EXTENSIONS AND OTHER CHANGES:

-- European Commission extended by one day its investigation into the merger of Dutch dairy groups Friesland Foods and Campina from Dec. 1 to Dec 2. (notified June 12/deadline July 17/in-depth probe opened July 17/new deadline Nov. 24/on Sept. 19, deadline extended to Dec. 1/deadline extended to Dec. 2)

FIRST-STAGE REVIEWS BY DEADLINE:

OCT 31

-- Luxembourg private equity fund King Luxemburg and British private equity fund Capvis III acquire joint control of Swiss industrial fastener and expander company KVT (notified Sept. 26/deadline Oct. 31/simplified)

-- An Italian unit of global financial service provider Barclays (BARC.L), Barclays Private Equity SpA, and financial institution Investcorp INVB.BH acquire joint control of Italian vending machine producer N&W Global Vending Spa (notified Sept. 26/deadline Oct. 31)

-- Portuguese oil company Galp Energia (GALP.LS) acquires U.S. energy major Exxon Mobil's (XOM.N) businesses in Portugal and Spain (notified Sept. 12/deadline Oct. 17/on Oct. 13, 10 working days extension/new deadline Oct. 31)

NOV 3

-- Goldman Sachs Private Equity Holding LP, controlled by U.S. investment bank Goldman Sachs Group Inc (GS.N), together with two managers, acquires joint control of Appliances Components Companies SpA, an Italian maker of motors for washing machines and dishwashers; Italian vending machine maker Bianchi Vending Group SpA; Finder SpA, an Italian maker of industrial pumps and filters; and the group of companies controlled by each of them (notified Sept. 29/deadline Nov. 3/simplified)   Continued...

 

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