17 November, 2009
EU mergers and takeovers (Nov 17)
BRUSSELS, Nov 17 (Reuters) - The following are planned mergers under review by the European Commission and a brief guide to the EU merger process:
APPROVALS AND WITHDRAWALS:
-- NIBC MBF IB BV, part of Dutch merchant bank NIBC, and Dutch bank ABN AMRO's ABN AMRO Participaties Fund I BV to acquire joint control of Dutch business gift supplier Mid Ocean Group BV and its subsidiaries (approved Nov. 17)
NEW LISTINGS:
-- Brazilian holding company J&F Participacoes S.A. and Brazilian investment fund ZMF Fundo de Investimento em Participacoes to acquire joint control of parts of Brazilian meat manufacturers JBS and Bertin S.A. (notified Nov. 6/deadline Dec. 11/simplified)
-- U.S. asset manager Kohlberg Kravis Roberts & Co [KKR.UL] and buyout firm General Atlantic to acquire joint control of TASC, the consulting unit of U.S. defense contractor Northrop Grumman (NOC.N) (notified Nov. 11/deadline Dec. 16/simplified)
EXTENSIONS AND OTHER CHANGES:
None
FIRST-STAGE REVIEWS BY DEADLINE:
NOV 18
-- U.S. enterprise communication systems provider Avaya Inc [AVXX.UL], jointly controlled by private equity funds TPG Partners V.L.P and Silver Lake Partners III, acquires control of certain assets and subsidiaries associated with the enterprise solution business of Canada's Nortel Networks Corp (NRTLQ.PK) (notified Oct. 13/deadline Nov. 18)
NOV 19
-- British special purpose vehicle Avalon Acquisitions Ltd, controlled by Guernsey Channel Islands-based private equity firm Permira IV Fund, acquires sole control of Just Retirement Holding Plc, a UK provider of financial services to retirees (notified Oct. 14/deadline Nov. 19/simplified)
-- French bank Credit Agricole (CAGR.PA) to acquire parts of French asset manager SGAM Group via shares and assets (notified Oct. 14/deadline Nov. 19)
NOV 23
-- CPI CEE Management LLC, administered by Citibank International Plc's business unit Citi Property Investor, and real estate investor Gazit Midas (GLOB.TA) acquire joint control of Atrium European Real Estate Ltd (ATRS.VI) by converting convertible bonds and warrants into ordinary equity (notified Oct. 16/deadline Nov. 23/simplified)
-- Private equity fund One Equity Partners II LP, controlled by JP Morgan Chase & Co, acquires control of plastic material maker Schoeller Arca Systems Services BV, which is currently controlled jointly by One Equity Partners II and Schoeller Holding GmbH, via share purchases (notified Oct. 16/deadline Nov. 23/simplified)
-- Italian bank Unicredit (CRDI.MI) and Italian investment bank Banca IMI SpA [ISPNM.UL] transform existing joint venture TLX SpA into a full-function joint venture, EuroTLX Societa di Intermediazione SpA (notified Oct. 14/deadline Nov. 23)
-- Zumtobel Holding GmbH, a German maker of electrical lighting systems, and Germany's Symboled GmbH, controlled by Fraunhofer Gesellschaft, and four individuals take joint control of Ledon Oled Lighting GmbH, which will develop and sell organic light-emitting diodes for professional lighting systems (notified Oct. 16/deadline Nov. 23/simplified)
-- Spain's Santander Consumer Finance SA, controlled by financial services group Banco Santander SA (SAN.MC), takes control of Polish retail banking, credit and insurance brokerage firms AIG Bank Polska SA and AIG Credit SA (notified Oct. 16/deadline Nov. 23/simplified)
NOV 24
-- Dutch animal feed producer Nutreco International BV (NUTR.AS) to acquire control of the Spanish and Portuguese animal nutrition businesses of livestock company Cargill [CARG.UL] (notified Oct. 19/deadline Nov. 24)
NOV 25
-- Italian aeronautics engineering company Avio SpA [BCVINO.UL], indirectly controlled by British private equity firm Cinven Group Ltd CINV.UL, together with its Italian subsidiary Se.Co.Sv.Im Srl, collectively known as Avio Group, and S.E.C.I Energia SpA, an Italian energy development company belonging to Italy's Maccaferri Group, acquire joint control of Italian cogeneration power plant Termica Colleferro SpA (notified Oct. 20/deadline Nov. 25/simplified)
NOV 26
-- U.S. investment fund Apollo Management LP and its affiliates acquire U.S. flexible film and packaging company Pliant Corp (PLIAP.PK) (notified Oct. 21/deadline Nov. 26/simplified)
-- Swiss financial services company Credit Suisse Group (CSGN.VX) and U.S. industrial services group General Electric Co (GE.N), through their jointly controlled private equity fund Global Infrastructure Partners and affiliated funds, acquire sole control of Gatwick Airport Ltd, currently owned by British airport management group BAA Airports Ltd [FERBA.UL] (notified Oct. 21/deadline Nov. 26/simplified)
Source: http://www.reuters.com
EU mergers and takeovers (Nov 17) Added: (17.11.2009)
Back to invest list
