EU mergers and takeovers (Sept 24)

In This Article:

BRUSSELS, Sept 24 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process:

APPROVALS AND WITHDRAWALS

-- German project group Steag and German engineering company Siemens take joint control of a power plan in Herne, western Germany (approved Sept. 21)

-- German asphalt maker Deutsche Asphalt, which is a subsidiary of Austrian construction company Strabag, and German road construction company Bunte to set up a joint venture (approved Sept. 21)

-- Germany's Vossloh and Austria's Rhomberg Sersa Rail Holding to set up a railway technology joint venture (approved Sept. 21)

-- Private equity firm EQT Fund Management to acquire Luxembourg specialty chemicals and food ingredients distributor Azelis (approved Sept. 21)

NEW LISTINGS

-- China Huaxin Post and Telecom Technologies Co., Ltd to establish a joint venture with Netherlands company Juniper Networks International B.V. to research, manufacture and sell network switches, routers and security products in China (notified Sept. 21/deadline Oct. 26/simplified)

-- Private equity fund EQT Fund Management (in its capacity as alternative investment fund manager of the relevant EQT fund) to acquire, through a holding vehicle, sole control of French water and wastewater management company Holding d’Infrastructures des Métiers de l’Environnement S.A.S., which indirectly holds 100 percent of the shares and voting rights of Saur S.A.S. (notified Sept. 21/deadline Oct. 26/simplified)

-- Japanese company Sony Corp. to buy majority control of UK music publishing company EMI Music Publishing (notified Sept. 21/deadline Oct. 26)

-- French investment bank Bpifrance to buy joint control of Vallourec Umbilicals with French energy company Vallourec Tubes (notified Sept. 20/deadline Oct. 25/simplified)

-- U.S. private equity investor Advent International Corporation to buy shares to gain sole control of Irish telecommunications, power and transport company KN Group (notified Sept. 20/deadline Oct. 25/simplified)

-- Hong Kong companies CK Asset Holdings Limited, infrastructure company CK Infrastructure Holdings Limited and energy investment company Power Assets Holdings Limited to buy Australian energy infrastructure company APA (notified Sept. 19/deadline Oct. 24/simplified)

-- Fund managed by private equity firm Bain Capital Investors LLC to buy Italian specialty chemicals company Italmatch Chemicals (notified Sept. 19/deadline Oct. 24/simplified)

EXTENSIONS AND OTHER CHANGES

None

FIRST-STAGE REVIEWS BY DEADLINE

SEPT 27

-- U.S. planemaker Boeing and French aerospace company Safran to set up a joint venture to make and service aircraft auxiliary power units (notified Aug. 23/deadline Sept. 27)