Mergers
The European Commission has opened an in-depth investigation to assess the proposed acquisition of Tachosil by Johnson & Johnson, under the EU Merger Regulation. The Commission is concerned that the merger may reduce potential competition and innovation for the supply of dual haemostatic patches.
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The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of Raytheon by United Technologies Corporation (UTC). The approval is conditional on the divestiture of a remedy package.
The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of joint control over INWIT by Telecom Italia and Vodafone. The approval is conditional on full compliance with a commitments package offered by Telecom Italia and Vodafone.
The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of Agta Record by Assa Abloy. The approval is conditional on the implementation of a remedy package by Assa Abloy.
The European Commission has approved unconditionally, under the EU Merger Regulation, the proposed acquisition of joint control over Prosegur Alarmas by Telefónica and Prosegur. The Commission concluded that the transaction would raise no competition concerns in the European Economic Area. Under the proposed acquisition, Telefónica will acquire half of the shares of Prosegur Alarmas from Prosegur, which leads to joint control over Prosegur Alarmas by Telefónica and Prosegur.
The European Commission has opened an in-depth investigation to assess the proposed acquisition of GrandVision by EssilorLuxottica, under the EU Merger Regulation. The Commission is concerned that the merger may reduce competition for the wholesale supply of ophthalmic lenses and eyewear, as well as for the retail supply of optical products.
The European Commission has approved unconditionally, under the EU Merger Regulation, the proposed acquisition of WABCO by ZF. The Commission concluded that the transaction would raise no competition concerns in the European Economic Area. ZF and Wabco are both manufacturers of various commercial vehicle components, in particular for medium and heavy commercial vehicles (“MHCV”). The companies' product portfolios are largely complementary in the MHCV market. ZF's focus is on steering, chassis and driveline products such as transmission systems, for both cars and commercial vehicles, while Wabco's focus is on braking and active safety technologies for commercial vehicles.
The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of Omnova by Synthomer, both manufacturers of specialty chemicals. The approval is conditional on the divestment of a remedy package
The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of Allergan by AbbVie. The approval is conditional on the divestment of a product under development by Allergan to treat inflammatory bowel diseases.
The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of General Electric's Healthcare Life Sciences Biopharma Business by Danaher Corporation. The approval is conditional on the divestiture of a remedy package.
The European Commission has opened an in-depth investigation to assess the proposed acquisition of Daewoo Shipbuilding & Marine Engineering CO., Ltd (DSME) by another shipbuilding group, Hyundai Heavy Industries Holdings (HHIH), under the EU Merger Regulation. The Commission is concerned that the merger may reduce competition in various global cargo shipbuilding markets.
The European Commission has approved, under the EU Merger Regulation, Varta AG as a suitable purchaser of assets divested by Energizer in order to acquire Spectrum Brands' batteries and portable lighting business. The Commission also approved Varta AG's acquisition of the divested assets under EU merger rules, subject to conditions.
The European Commission has opened an in-depth investigation to assess the proposed acquisition of Metallo by Aurubis, under the EU Merger Regulation. The Commission is concerned that the acquisition may reduce competition in the purchasing of copper scrap for refining.
The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of Bonnier Broadcasting by Telia. The approval is conditional on full compliance with a commitments package offered by Telia.
The European Commission has opened an in-depth investigation to assess the proposed acquisition of Chantiers de l'Atlantique by Fincantieri, under the EU Merger Regulation. The Commission is concerned that the transaction may reduce competition in the global cruise shipbuilding market.
The European Commission has opened an in-depth investigation to assess the proposed creation of two joint ventures by aircraft manufacturers Boeing and Embraer, under the EU Merger Regulation. The Commission is concerned that the transaction may reduce competition as regards commercial aircraft.
The European Commission has approved, under the EU Merger Regulation, the acquisition of Aleris by Novelis. The decision is conditional on the divestiture of Aleris' aluminium automotive body sheets business in Europe.
The European Commission has approved, under the EU Merger Regulation, the acquisition by E.ON of Innogy's distribution and consumer solutions business as well as certain of its electricity generation assets. The approval is conditional on full compliance with a commitments package offered by E.ON.