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EU mergers and takeovers (Nov 11)

Wed Nov 11, 2009 9:14pm IST
 
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BRUSSELS, Nov 11 (Reuters) - The following are planned mergers under review by the European Commission and a brief guide to the EU merger process:

APPROVALS AND WITHDRAWALS:

None

NEW LISTINGS:

-- Belgium's Fortis Insurance International, controlled by financial services group Fortis SA/NV (FOR.BR: Quote, Profile, Research) and Fortis NV, and BNP Paribas Assurance, part of French bank BNP Paribas (BNPP.PA: Quote, Profile, Research), to acquire joint control of Italian insurer UBI Assicurazioni S.p.A (notified Nov. 4/deadline Dec. 9/simplified)

-- Luxembourg-based special purpose vehicle Boreas Holdings S.a.r.l, owned by investment funds TCW Energy XIV and European Clean Energy Fund and managed by Britain's TCW Asset Management Co, a subsidiary of U.S The TCW Group Inc, and wholly owned by French bank Societe Generale S.A. (SOGN.PA: Quote, Profile, Research); and Centrica Renewable Energy Litd, a subsidiary of British utility Centrica (CNA.L: Quote, Profile, Research), to acquire joint control of Centrica's windfarm developer GLID Wind Farms TopCo Ltd (notified Nov. 6/deadline Dec. 11/simplified)

-- Netherlands Antilles' investment firm Hal Investments to acquire control of Italian eyewear maker Safilo Group S.p.A (SFLG.MI: Quote, Profile, Research) (notified Nov. 9/deadline Dec. 12)   Continued...

Construction workers work at a site as the sun sets in Chandigarh in this December 2006 file photo. REUTERS/Ajay Verma
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