Competition weekly news summary
Friday, September 2, 2011

Mergers

  • Commission approves proposed joint venture between Hochtief and GeoSea
    30 August 2011
    The Commission has cleared the proposed acquisition of joint control over Beluga Hochtief Offshore by the German company Hochtief, currently its sole owner, and the Belgian company GeoSea. The Commission concluded that the proposed acquisition would not raise competition concerns as the companies' shares on the markets at issue are not significant.
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  • Commission clears acquisition of US specialty chemical company Lubrizol Corporation by Berkshire Hathaway
    25 August 2011
    The Commission has cleared the proposed acquisition of Lubrizol by Berkshire. The Commission concluded that the transaction would not raise competition concerns, because of the parties' moderate market shares and the presence of a number of credible competitors in the markets concerned.
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  • Commission clears acquisition of G6 Rete Gas by F2i and AXA Private Equity
    24 August 2011
    The Commission has cleared the acquisition of joint control over the Italian company G6 Rete Gas by Fondi Italiani per le Infrastrutture and three investment funds indirectly managed by AXA Private Equity. The Commission found that the transaction would not raise competition concerns, because the overlap in the parties' activities is limited and a sufficient number of competitors would remain active on the markets concerned.
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  • Commission clears acquisition of Amprion by Molaris and Commerz Real
    23 August 2011
    The Commission has cleared the proposed acquisition of joint control over the German electricity transmission system operator Amprion by real estate group Molaris and asset management group Commerz Real, all of Germany. Amprion is currently solely controlled by the German RWE, which is active in the electricity and natural gas markets. The Commission concluded that the transaction would not raise significant competition concerns, as there will be only negligible changes on any of the markets affected.
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  • Commission approves acquisition of Phadia by Thermo Fisher
    19 August 2011
    The Commission has cleared the proposed acquisition of CB Diagnostics Holding, the holding company of Phadia of Sweden, by Thermo Fisher Scientific of the US. The Commission concluded that the transaction would not raise competition concerns, because the parties are not close competitors and the merged entity would be constrained by a sufficient number of competitors active in in vitro autoimmune diseases diagnostics.
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  • Commission clears acquisition of the speciality chemicals company ISP by Ashland
    16 August 2011
    The Commission has cleared the proposed acquisition of the US-based speciality chemicals company International Specialty Products by Ashland, also of the US. The Commission concluded that the transaction would not raise competition concerns because the companies' activities are largely complementary and the transaction would not significantly modify the structure of the market.
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  • Commission clears acquisition of Finnish Luvata's rolled copper products division by German copper producer Aurubis
    8 August 2011
    The Commission has cleared the proposed acquisition of the rolled copper products division of the Finnish Luvata Espoo Oy by German copper manufacturer Aurubis AG. The Commission found that the merged entity will continue to be constrained by a number of credible competitors in the markets concerned.
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Published by the Competition Directorate General of the European Commission. The content of this publication does not necessarily reflect the official position of the European Commission. Neither the Commission nor any person acting on its behalf is responsible for the use which might be made of the above information.

European Union, 2011. Reproduction is authorised provided the source is acknowledged.

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