March 31, 2017 / 10:48 AM / 5 months ago

EU mergers and takeovers (March 31)

BRUSSELS, March 31 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process:

APPROVALS AND WITHDRAWALS

-- Private equity firm Partners Group to acquire European operator of clinical pathology laboratory operator Cerba Healthcare from PAI Partners (approved March 31)

NEW LISTINGS

None

EXTENSIONS AND OTHER CHANGES

None

FIRST-STAGE REVIEWS BY DEADLINE

MARCH 31

-- German synthetic rubber maker Lanxess AG to acquire U.S. specialty chemical company Chemtura (notified Feb. 24/deadline March 31)

APRIL 4

-- U.S. computer and printer maker Hewlett Packard to acquire South Korean group Samsung Electronics' printer business (notified Feb. 28/deadline April 4)

APRIL 7

-- Engie Group French banking group BPCE to acquire a 49.9 percent stake in renewable energy companies LCS 4 and LCS (notified March 3/deadline April 7/simplified)

-- Twenty-First Century Fox to acquire the rest of European pay-TV company Sky it does not own (notified March 3/deadline April 7)

APRIL 10

-- Danish container shipping company Maersk to acquire German peer Hamburg Sud (notified Feb. 20/deadline extended to April 10 from March 27 after commitments submitted)

APRIL 12

-- U.S. aircraft component maker Rockwell Collins to acquire aircraft interior maker B/E Aerospace (notified March 8/deadline April 12)

-- U.S. car part supplier Lear to acquire Grupo Antolin's automotive seating business (notified March 8/deadline April 12/simplified)

-- Dutch insurer NN Group to acquire Dutch rival Group Delta Lloyd (notified Feb. 22/deadline extended to April 12 from March 29 after the Dutch competition regulator asked to examine the deal)

-- Chinese state-owned company China National Chemical Corp (ChemChina) to acquire Swiss pesticides and seeds group Syngenta (notified Sept. 23/deadline extended to April 12)

APRIL 18

-- Megatrend European Holdings, which is part of property investment company TH Real Estate, and German insurer Allianz to jointly acquire Finnish company NRF which owns Helsinki-based Kamppi Shopping Centre (notified March 9/deadline April 18)

-- German cement producers Heidelbergcement and Schwenk to jointly acquire Mexican peer Cemex's Croatian unit (notified Sept. 5/deadline extended to April 18 from March 23)

APRIL 19

-- Private equity firm Advent International to acquire biometrics and security business Morpho from French aerospace group Safran (notified Feb. 24/deadline extended to April 19 from March 31 after the companies offered concessions)

-- Private equity firm 3i, Dutch asset manager APG and Danish pension fund ATP to acquire a portfolio of European infrastructure companies from EISER (notified March 10/April 19/simplified)

-- Britain's Rolls-Royce to acquire the remaining 53.1 percent stake in Spanish aircraft engine and components maker Industria de Turbo Propulsores (ITP) (notified Feb. 24/deadline extended to April 19 from March 31 after the companies offered concessions)

APRIL 21

-- French utility Engie to acquire UK property developer Keepmoat Regeneration HOldings (notified March 14/deadline April 21/simplified)

APRIL 24

-- French media company Bollore to acquire control of French company Vivendi (notified March 15/deadline April 24)

-- France's Group Credit Mutuel and French bank BNP Paribas to set up a joint venture (notified March 15/deadline April 24)

-- Bollore Energy, which is part of French group Bollore , and Total Marketing France, which is part of French energy company Total, to set up a joint venture (notified March 15/deadline April 24/simplified)

APRIL 25

-- Private equity firm CVC to acquire Polish retailer Zabka Polska (notified March 16/deadline April 25/simplified)

APRIL 26

-- Investment company Ardian to acquire majority of France's Prosol, an operator of Grand Frais grocery stores (notified March 17/deadline April 26/simplified)

-- Singapore-based tech communications company Broadcom AVGO.O to acquire U.S. networking switches and software maker Brocade (notified March 17/ deadline April 26)

-- Swiss pharmaceutical supplier Lonza Group to acquire U.S. capsule maker Capsugel from private equity firm KKE & Co LP (notified March 17/deadline April 26)

MAY 2

-- Italian energy company Duferco Energia to acquire a business unit from Italian electricity company Energhe S.p.A. (notified March 22/deadline May 2/simplified)

MAY 4

-- Private investment firm KKR & Co. to acquire travel company Travelopia Holdings Ltd and Travelopia USA Inc. (notified March 24/ deadline May 4/simplified)

MAY 5

-- Japan's Panasonic Corporation to acquire Spanish auto parts maker Ficosa International (notified march 27/deadline May 5)

-- Banking services platform Pillarstone to acquire holding company Famar which has activities in the pharmaceutical industry (notified March 27/deadline May 5/simplified)

MAY 8

-- Swiss car importer Emil Frey France to acquire French car parts distributor PGA Group SAS from German carmaker Volkswagen Group (notified March 28/deadline May 8/simplified)

MAY 10

-- Toyota Industries Europe to acquire Vive, the parent company of Dutch industrial company Vanderlande Industries Holding B.V (notified March 29/deadline May 10/simplified)

MAY 12

-- U.S. chemicals group Riechhold and Black Diamond Capital to acquire Italian polymers maker Polynt which is owned by Italian private equity group Investindustrial (notified March 17/deadline May 12/commitments offered March 17)

GUIDE TO EU MERGER PROCESS

DEADLINES:

The European Commission has 25 working days after a deal is filed for a first-stage review. It may extend that by 10 working days to 35 working days, to consider either a company's proposed remedies or an EU member state's request to handle the case.

Most mergers win approval but occasionally the Commission opens a detailed second-stage investigation for up to 90 additional working days, which it may extend to 105 working days.

SIMPLIFIED:

Under the simplified procedure, the Commission announces the clearance of uncontroversial first-stage mergers without giving any reason for its decision. Cases may be reclassified as non-simplified - that is, ordinary first-stage reviews - until they are approved. (Reporting by Foo Yun Chee)

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