Do More With Reuters
Partner Services

EU mergers and takeovers (June 18)

Wed Jun 18, 2008 8:29pm IST
 
Email | Print | | Single Page
[-] Text [+]

BRUSSELS, June 18 (Reuters) - The following are proposed mergers, acquisitions and joint ventures under review by the European Commission, and a brief guide to the EU merger process:

APPROVALS AND WITHDRAWALS:

-- Vienna Insurance Group (VIGR.VI: Quote, Profile, Research) of Austria buys a series of insurance companies in Romania, the Czech Republic, Slovakia and Hungary from Erste Bank der Oesterreichischen Sparkassen of Austria (approved June 17)

-- L'Oreal (OREP.PA: Quote, Profile, Research), a French cosmetics firm, purchases YSL Beaute, a perfume and luxury cosmetics maker (approved June 18)

-- U.S. office supplies retailer Staples Inc (SPLS.O: Quote, Profile, Research) seeks to buy control of Corporate Express CXP.AS of the Netherlands, which distributes office supplies to large companies (approved June 18)

-- U.S.-based private equity fund Warburg Pincus [WP.UL] buys JPMP SK Holding Ltd, a British leaser and servicer of parts and component cleaning machines for automotive and general industrial customers (approved June 18)

-- Goldman Sachs Group Inc (GS.N: Quote, Profile, Research), the U.S. investment bank, and Candover Partners (CDI.L: Quote, Profile, Research), a global private investment firm, acquire joint control of Expro International Group PLC EXR.L, a British oil services company (approved June 18)

  Continued...

special coverage

Budget 2009
Budget 2009

The government presents the budget for the full fiscal year 2009/10 on July 6.  Full Coverage 

Market Update

  • IndiaIndia
  • USUS
  • UKUK
  • Asia
  • Most Actives

SHOWCASE

Photo
Is the budget over-rated for personal finance?

Expectations are high given the outcome in the general elections.  Commentary 

 
Nilekani: Infosys' loss or govt’s gain?
Nilekani: Infosys' loss or govt’s gain?

Nandan Nilekani has resigned from the Infosys board to join the government.  Commentary | Slideshow 

 
Launched

Tata Motors announced the launch of Jaguar and Land Rover vehicles in India.  Slideshow | Video 

 
Satyam
The new Satyam

Stay updated with the developments at Satyam.  Full Coverage 

 
M&A Review
M&A Review

A review of mergers and acquisitions.  Full Coverage 

 
Financial Turmoil Timeline
Financial Turmoil Timeline

A round-up of measures taken by the U.S Federal Reserve since June 2007 to tackle the financial crisis.  Full Coverage