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EU mergers and takeovers (May 11)
May 11, 2011 / 12:47 PM / 7 years ago

EU mergers and takeovers (May 11)

 BRUSSELS, May 11 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process:
  
 APPROVALS AND WITHDRAWALS:
 -- Private equity fund Altor Fund III to acquire sole control of Swedish energy company E.ON ES from E.ON Sverige AB (EONGn.DE) (approved April 28)
  
 NEW LISTINGS:
 -- Canadian private equity firm Onex OCX.TO to acquire U.S. door maker JELD-WEN (notified May 10/deadline June 17/simplified) -- French telecoms company Vivendi (VIV.PA) to acquire a 44 percent stake in French telecoms operator SFR from British mobile operator Vodafone (VOD.L) (notified May 6/deadline June 16/simplified)
 -- U.S. auto interiors maker Johnson Controls (JCI.N) to acquire German auto parts manufacturer Keiper and the automotive business of Recaro Group (notified May 6/deadline June 16)
 -- Austrian building materials maker Wienerberger to acquire control of Austrian tile maker Wibra Beteiligungs which owns a joint stake in tile producer Tondach Gleinstatten (notified May 6/deadline June 16/simplified)
 -- U.S. group Danaher (DHR.N) to acquire U.S. medical diagnostics company Beckman Coulter BEC.N (notified May 6/deadline June 16)
 -- Indian group Aditya Birla to acquire U.S.-based Columbian Chemicals (notified May 5/deadline June 15)
 -- Russian holding company Linea, which owns a major stake in Russian mining company Eurochem, to acquire additional shares in Russian holding company Donalink, which holds a major stake in Russian coal miner SUEK (notified April 5/deadline June 15/simplified)
 -- German auto insurers HUK, HDI and WGV to acquire online price comparison site Aspect Online (notified May 4/deadline June 14/simplified)
 -- Private equity firm Advent to acquire British insurance services provider Towergate (notified April 26/deadline June 1/simplified)
 -- Private equity firm PAI to acquire French equipment rental operator Kiloutou (notified April 26/deadline June 1/simplified)
 -- Private equity firm Sun Capital to acquire Polestar UK Print Ltd (notified April 19/deadline May 30/simplified)
 -- Western Digital Corp WDC.N to acquire Hitachi’s (6501.T) hard disk drive business (notified April 20/deadline May 31)
 -- German carmaker BMW (BMWG.DE) and German car rental company Sixt to set up a joint venture (notified April 18/deadline May 27/simplified)
  
 EXTENSIONS AND OTHER CHANGES:
 None
  
 FIRST-STAGE REVIEWS BY DEADLINE
  
 MAY 11
 -- Private equity fund First Reserve to acquire joint control of Italian energy unit Ansaldo Energia which is owned by Italian defence group Finmeccanica SIFI.MI (notified March 31/deadline May 11)
 -- British oil major BP’s (BP.L) Russian joint venture TNK-BP to acquire BP Holdings’ minority stake in the Nam Con Son gas pipeline in Vietnam which is owned by PetroVietnam Gas Corporation, BP Pipelines Vietnam B.V. and U.S. oil company ConocoPhillips Vietnam AS (COP.N) (notified March 31/deadline May 11/simplified)
  
 MAY 12
 -- Japanese trading giant Itochu Corp (8001.T) to acquire British tyre seller Kwik Fit [PAIPRK.UL] (notified April 1/deadline May 12)
  
 MAY 13
 -- U.S. maker of scientific instruments Thermo Fisher (TMO.N) to acquire chromatography systems company Dionex Corporation DNEX.O (notified April 4/deadline May 13)
  
 MAY 16
 -- PetroChina (601857.SS) to acquire a stake in British chemical group Ineos’ European refining business [INEOS.UL] (notified April 5/deadline May 16)
-- Holding company Linea, which controls holding company Eurochem, to acquire shares in holding company Donalink, which controls Russian coal miner Open Joint Stock company Siberian Coal Energy Company (SUEK) (notified April 5/deadline May 16/simplified)
  
 MAY 18
 -- Germany chemicals company BASF (BASFn.DE) and British peer Ineos to set up a styrenics joint venture (notified April 7/deadline May 18)
 -- Gazprom to indirectly acquire sole control of energy seller and services company GWH, a joint venture between Gazprom export and Centrex (notified April 7/deadline May 18/simplified)
  
 MAY 19
 -- Chinese oil and chemicals firm Sinochem to acquire a 50 percent stake in the anti-infectives business of Dutch chemicals company DSM (DSMN.AS) (notified April 8/deadline May 19)
  
 MAY 20
 -- Private equity investors Towerbrook, York Global Finance and Apollo to acquire joint control of tile maker Monier (notified April 11/deadline May 20/simplified)
  -- British-based private equity investment firm TowerBrook Capital Partners (TowerBrook), investment management firm York Global Finance 51 SARL (York) and portfolio investment firm AIF VII Euro Holdings, LP (Apollo VII) to acquire Luxembourg-based Monier Holdings SCA (Monier Group) (notified April 11/deadline May 20/simplified)
  
 MAY 24
 -- Aeroports de Paris and French advertising agency JCDecaux (JCDX.PA) to set up an advertising joint venture (notified April 13/deadline May 24/simplified)
  
 MAY 26
 -- Norwegian conglomerate Orkla (ORK.OL) to acquire control of Norwegian solar equipment maker Renewable Energy Corp (REC.OL) (notified April 15/deadline May 26/simplified)
 -- British private equity firm Advent International to acquire Hungarian pet food producer Provimi Pet Food (notified April 15/deadline May 26/simplified)
  
 MAY 27
 -- Private equity firms Oaktree Capital Management [OAKCP.UL] and TPG [TPG.UL] to acquire joint control of North American housebuilder Taylor Morrison Homebuilding Business from British housebuilder Taylor Wimpey (TW.L) (notified April 18/deadline May 27/simplified)
 -- Luxembourg-based steelmaker ArcelorMittal’s ISPA.AS Germany subsidiary to acquire German coke producer Kokerei Prosper and also a 27.95 percent stake in Arsol Aromatics GmbH (notified April 18/deadline May 27) 

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