Navigation path

Login   |   Register

Advanced search Search in:    Audio    Photo    Video    Shotlist


OR









Statement by Antoine Colombani, Spokesperson of Joaquín Almunia, on the approval by the EC of Glencore's acquisition of Xstrata, subject to conditions

130 views

On 22 November 2012, Antoine Colombani, Spokesperson of Joaquín Almunia, Vice-President of the EC in charge of Competition, made a statement on the approval by the European Commission of Glencore's acquisition of Xstrata, subject to conditions. The EC has cleared, under the EU Merger Regulation, the proposed acquisition of Xstrata, the world's fifth largest metals and mining group, by Glencore, the world's leading metals and thermal coal trader. The clearance is conditional on the termination of Glencore's off-take arrangements for zinc metal in the European Economic Area (EEA) with Nyrstar, the world's largest zinc metal producer, and the divestiture of Glencore's minority shareholding in Nyrstar. The EC had concerns that the merged entity would have the ability and incentive to raise prices for zinc metal, an important input for many EU industries. The commitments address these concerns.
SHOTLIST INFO PRESS

Type: Complete press conference   Reference: I-075370   Date: 22/11/2012   Duration: 02:07   Personalities: Antoine Colombani   Location: Brussels - EC/Berlaymont  
Languages: ORIGINAL,
© European Union, 2012   /   Source: EC - Audiovisual Service
To download, please log in



Related videos

02:07 Statement by Antoine Colombani, Spokesperson of Joaquín Almunia, on the approval by the EC of Glencore's acquisition of Xstrata, subject to conditions
Statement by Antoine Colombani, Spokesperson of Joaquín Almunia, on the approval ...
Ref: I-075370
Date: 22/11/2012
Video Player   Need some help?


You don't find what you are looking for? Ask us!


Fri 16/09
European Commission - Upcoming events The news: On Thursday 29 September 2016, the European Commission will adopt its monthly infringements package. These decisions seek to enforce EU law across Europe so that citizens and businesses can benefit fully from the internal market.
Fri 23/09
European Commission - Upcoming events The news: More than 750 European researchers, investors and policy makers will gather in Bratislava, Slovakia, on 28 and 29 September for the 2016 Digital Assembly (#DA16eu) to discuss the creation of a Digital Single Market in the EU.
Fri 16/09
European Commission - Upcoming events The news: The Assembly of the UN's International Civil Aviation Organisation (ICAO) is meeting in Montreal to agree on a Global Market Based Mechanism to curb CO2 emissions from international aviation. This would be the first global sectorial agreement.
Tue 27/09
European Commission - Press release Brussels, 27 September 2016 The European Commission has informed the International Skating Union (ISU) of its preliminary view that the ISU rules under which athletes face severe penalties for participation in unauthorised speed skating events are in breach of EU antitrust rules.
Tue 27/09
European Commission - Press release Brussels, 27 September 2016 In line with the initiative "EU budget focused on results" and with the efforts for Better Regulation, today the Commission is taking stock of the work conducted by the High Level Group on Simplification for the beneficiaries of the European Structural...
Tue 27/09
European Commission - Press release Brussels, 27 September 2016 The member countries of the Union for the Mediterranean (UfM) have defined key measures to address the persisting challenge of unemployment in the Mediterranean region, particularly for young people and women.
Tue 27/09
European Commission - Daily News Daily News 27 / 09 / 2016 Brussels, 27 September 2016 Investment Plan for Europe: €300 million for Portuguese SMEs The European Investment Bank (EIB) has signed four €70 million loans with the Portuguese banks Millennium Banco Comercial Português, Banco BPI, Banco Santander Totta and...
Mon 26/09
- Press release European Commission Brussels, 26 September 2016 Mr Gerard Kiely has been appointed as the new Head of the Commission Representation in Dublin. Mr Gerard Kiely will take up office as the new Head of the European Commission's Representation in Ireland on 1 October 2016.
Mon 26/09
European Commission - Daily News Daily News 26 / 09 / 2016 Brussels, 26 September 2016 Commissioner Stylianides in Turkey to launch largest-ever EU humanitarian aid programme Today Commissioner for Humanitarian Aid and Crisis Management Christos Stylianides is in Ankara to launch the EU's flagship humanitarian aid programme, which is...
Mon 26/09
European Commission - Speech - [Check Against Delivery] Speech Speech Berlin, 26 September 2016 Ladies and gentlemen, Honourable Members of Parliament,  I would like to thank you for the occasion to speak to you here today.  For me, a strong cooperation between the Brussels institutions and the National Parliaments is...

Go to useful links page Useful links

Go to rss page Go to EU Tube page Go to twitter page Go to facebook page Go to contact page


Credit © European Union, 2016