3 November, 2009
EU mergers and takeovers (Nov 3)
BRUSSELS, Nov 3 (Reuters) - The following are planned mergers under review by the European Commission and a brief guide to the EU merger process:
APPROVALS AND WITHDRAWALS:
-- Dutch fresh produce group Univeg Holding BV, controlled by Luxembourg-based private equity firm CVC Capital Partners, and F.lli Ciccolella, an Italian firm that grows and sells cut flowers and potted plants, acquire joint control over Univeg Holding's flower and plant activities (approved Nov. 3)
NEW LISTINGS:
-- Finland's top mobile phones maker Nokia Corp (NOK1V.HE) and Germany's global business software specialist SAP AG (SAPG.DE), take joint control of a newly formed joint venture, 'Newco', in Germany to offer product authentication and anti-counterfeit services to business customers and government authorities (notified Oct 29/deadline Dec 4/simp,lified)
EXTENSIONS AND OTHER CHANGES:
None
FIRST-STAGE REVIEWS BY DEADLINE:
NOV 4
-- The Czech Republic's Cez Bohunice, belonging to Czech power group Cez (CEZPsp.PR) and Jadrova a Vyrad'ovacia Spolocnost AS (JAVYS), a Slovakian nuclear waste treatment firm, acquire control of new joint venture Jadrova Energeticka Spolocnost' Slovenska (JESS) (notified Sept. 29/deadline Nov. 4)
NOV 9
-- Volkswagen Financial Services AG, a Volkswagen AG (VOWG.DE) unit that provides financial services mainly relating to car distribution, and Norway's MoellerGruppen AS, engaged in the sale, service, repair and leasing of VW Group vehicles, take joint control of Norwegian venture Newco BilFinans AS, a provider of financial services for vehicle leasing (notified Oct. 2/deadline Nov. 9/simplified)
NOV 10 -- Saint-Gobain Vetri SpA, an Italian glass packaging producer owned by France's Saint-Gobain SA (SGOB.PA); Zignago Vetro SpA (ZV.MI), an Italian maker of hollow glass containers mainly for food packaging; and Italy's Ardagh Glass srl, belonging to the Irish Ardagh Glass Group, take joint control of Ecosud srl, an Italian recycler of glass waste (notified on Oct. 5/deadline Nov. 10)
NOV 12
-- French electricity firm Electricite De France SA, belonging to EDF Group (EDF.PA), acquires Belgian electricity supplier SPE SA through the acquisition of shares held by Belgium's Segebel SA, which owns a 51 percent stake in SPE (notified Sept. 23/deadline Oct. 28/on Oct. 15, deadline extended to Nov. 12 due to referral request by Belgium/commitments offered Oct. 23)
NOV 16
-- Canada's Brookfield Asset Management Inc (BAMa.TO) to acquire indirect control of Babcock & Brown Infrastructure Ltd and Babcock & Brown Infrastructure Trust, collectively forming Babcock & Brown Infrastructure, an Australian infrastructure fund (notified Oct. 9/deadline Nov. 16/simplified)
-- 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 (notified Oct. 19/deadline Nov. 16/simplified)
NOV 17
-- Clayton, Dubilier & Rice Fund VIII LP, part of U.S. private equity investor Clayton, Dubilier & Rice, and holding company Commercial Markets Holdco Inc to acquire joint control of JohnsonDiversey Holdings Inc, which owns U.S. commercial cleaning company JohnsonDiversey Inc (notified Oct. 19/deadline Nov. 17/simplified)
NOV 18
-- Chinese aluminium maker Guangdong Dongyangguang Aluminium Co Ltd (GDA) (600673.SS), part of the Shenzhen Dongyangguang Group; Japanese aluminium maker Furukawa-sky Aluminium Corp (5741.T), and Japanese trading company Mitsui & Co Ltd (8031.T), acquire joint control of Ruyuan Dongyangguang Fine Aluminium Foil Co Ltd and Shaoguan Yangzhiguang Aluminium Foil Co Ltd in China (notified Oct. 13/deadline Nov. 18/simplified)
-- 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)
-- Financial management consulting company Towers Perrin, Foster & Crosby Inc. to merge with peer Watson Wyatt Worldwide Inc (WW.N) (notified Oct. 14/deadline Nov. 19)
-- 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)
-- Canada's Brookfield Asset Management Inc (BAMa.TO) and asset manager Babcock & Brown Infrastructure (BBI.AX) acquire joint control of Australian port facility Dalrymple Bay Coal Terminal via share purchases (notified Oct. 14/deadline Nov. 19/simplified)
Source: http://www.reuters.com
EU mergers and takeovers (Nov 3) Added: (03.11.2009)
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