BRUSSELS, June 16 (Reuters) - The following are mergers
under review by the European Commission and a brief guide to the
EU merger process:
APPROVALS AND WITHDRAWALS
-- Property developer Segro SGRO.L and Canada's Public
Sector Pension Investment Board to jointly acquire Italian
logistics company Torino DCI (approved June 15)
-- Dutch staffing agency Randstad RAND.AS to acquire
Italian peer Obiettivo Lavoro (approved June 15)
NEW LISTINGS
None
EXTENSIONS AND OTHER CHANGES
None
FIRST-STAGE REVIEWS BY DEADLINE
JUNE 20
-- European packaging maker Ardagh ARDGR.UL to acquire
some facilities from beverage can makers Ball BLL.N and Rexam
REX.L (notified May 18/deadline June 20/simplified)
-- Hon Hai Precision 2317.TW , also known as Foxconn,
intends to buy a majority of Japanese electronics company Sharp
6753.T (notified on May 13/deadline June 20)
-- Dublin-based support services group DCC Holding DCC.L
to acquire retail fuel and aviation fuel provider Dansk Fuels
(notified on May 13/deadline June 20)
JUNE 22
-- European packaging maker Ardagh ARDGR.UL to acquire
some assets from beverage can makers Ball BLL.N and Rexam
REX.L (notified May 18/deadline June 22/simplified)
-- Nippon Telegraph and Telephone Corp 9432.T to acquire
Dell's DI.UL IT services unit (notified May 18/deadline June
22/simplified)
JUNE 23
-- Innovation Network Corp Japan, Japan's Sumitomo Chemical
Co 4005.T and Sekisui Chemical Co 4204.T to set up a joint
venture (notified May 19/deadline June 23/simplified)
JUNE 24
-- Dutch dredging company Boskalis BOSN.AS to acquire
control of maritime services company VolkerWesselsOffshore from
Reggeborgh (notified May 20/deadline June 24/simplified)
JUNE 25
-- Canadian Pension Plan Investment Board and Global
Infrastructure Management to acquire joint control of the
freight haulage company Pacific Natonal of Australia's Asciano
AIO.AX (notified on May 14/deadline June 25/simplified)
JUNE 27
-- Hotel chain Marriott International MAR.O to acquire
Starwood Hotels & Resorts HOT.N (notified May 23/deadline June
27)
-- French company Plastic Omnium PLOF.PA to acquire French
car parts maker Faurecia 's EPED.PA auto exteriors business
(notified May 23/deadline June 27)
JUNE 28
-- World Fuel Services Corp INT.N to acquire ExxonMobil's
XOM.N fueling business at 83 airports (notified May
24/deadline June 28)
JUNE 29
-- Private equity firm Advent International to acquire New
Zealand resins and coating company Nuplex Industries NPX.NZ
(notified May 25/deadline June 29)
JULY 1
-- M&G Alternatives Investment Management, a unit of UK
insurer Prudential plc PRU.L , and U.S. private equity firm
Anchorage Capital Group to jointly acquire UK services provider
PHS Group Investments (notified May 27/deadline July
1/simplified)
-- Private equity firms the Carlyle Group CG.O and
Crestview Advisors to jointly acquire U.S. sports and
entertainment event production company NEP Group NEPG.N
(notified May 27/deadline July 1/simplified)
-- Buyout firms Bain Capital and Vista Equity Partners to
jointly acquire U.S. insurance software supplier Vertafore
VTFOR.UL (notified May 27/deadline July 1/simplified)
-- Private equity firm Cinven Capital Management and the
Canada Pension Plan Investment Board to jointly acquire
accomodation and travel services company Hotelbeds Group from
German travel group TUI AG TUIT.L (notified May 27/deadline
July 1/simplified)
JULY 4
-- Private equity firms TPG Capital and Partners Group to
jointly acquire shopping centers and retail parks in Italy and
Spain from TH Real Estate (notified May 30/deadline July
4/simplified)
-- German industrial company Freudenberg to acquire sole
control of German maker of car vibration control technology
Vibracoustic, which it now jointly controls with Swedish
industrial rubber company Trelleborg TRELb.ST (notified May
30/deadline July 4/simplified)
JULY 6
-- U.S. generic drugmaker Mylan MYL.O to acquire Swedish
peer Meda MEDAa.ST (notified June 1/deadline July 6)
-- Private equity firm Silver Lake Group to acquire sole
control of French IT services provider Cegid CEGI.PA (notified
June 1/deadline July 6/simplified)
JULY 7
-- German agricultural commodities cooperative Agravis to
acquire a minority stake in German palm products and animal feed
trading house H. Boegel from Singapore-listed commodities group
Wilmar International WLIL.SI (notified June 2/deadline July 7)
-- Spanish bank Banco Santander SAN.MC to acquire some of
Portuguese lende Banif's assets (notified June 2/deadline July
7)
JULY 11
-- British insurer Aviva Group AV.L and Credit Mutuel
Insurance Group to acquire joint control of an office building
in Paris, France (notified June 6/deadline July 11/simplified)
JULY 13
-- French conglomerate Bouygues BOUY.PA , French airport
developer Aeroports de Paris and infrastructure project investor
Meridiam to acquire joint control of Ravinala Airports which
will develop and maintain airports in Madagascar (notified June
8/deadline July 13/simplified)
-- German company Boehringer Ingelheim to acquire French
pharmaceutical company Sanofi's SASY.PA animal health buisness
(notified June 8/deadline July 13)
JULY 14
-- UK packaging maker RPC Group RPC.L to acquire British
Polythene Industries BRPI.L (notified June 9/deadline July
14/simplified)
-- Spanish online bank Bancopopular-e, which is 49 percent
owned by Banco Popular Espanol POP.MC , to acquire UK lender
Barclays ' BARC.L consumer payments business in Portugal and
Spain (notified June 9/deadline July 14/simplified)
JULY 15
-- U.S. company Verizon Communications (NYSE:VZ) VZ.N and U.S.
publisher Hearst Corp to jointly acquire U.s. digital media
company Complex (notified June 10/deadline July 15/simplified)
-- Private equity firm PIA Partners-owned R&R Ice Cream and
Nestle NESN.S to set up a joint venture to sell ice cream and
frozen food (notified June 10/deadline July 15)
-- Polish investment company Kulczyk Holding S.A. and
construction company Strabag Sp. z.o.o., which is a unit of
Austrian construction group Strabag SE STRV.VI , to set up a
joint venture (notified June 10/deadline July 15/simplified)
JULY 19
-- Dutch investment company NPM Capital and Thijs Hendrix
Beheer B.V. to jointly acquire animal and fish breeder Hendrix
Genetics, which is now controlled by Thijs Hendrix Beheer
(notified June 14/deadline July 19/simplified)
AUG 10
-- Airbus Safran Launchers, a 50/50 joint venture between
Airbus AIR.PA and Safran SAF.PA , to acquire sole control of
satellite group Arianespace (notified on Jan. 8/deadline
extended to Aug. 10 from July 27/concessions offered May 4)
SEPT 8
-- CK Hutchison Holdings Ltd 0001.HK and Vimpelcom VIP.O
to merge their Italian mobile operations (notified Feb.
5/deadline extended to Sept. 8 from Aug 18)
SEPT 20
-- U.S. rail equipment maker Wabtec Corp WAB.N to acquire
French peer Faiveley Transport SA FAIP.PA (notified April
4/deadline extended to Sept. 20 from May 12 after the European
Commission opened an in-depth investigation)
SUSPENDED
-- SOCAR, Azerbaijan's state energy company, to buy stakes
in Greek natural gas grid operator DESFA from Greek natural gas
utility DEPA (notified Oct. 1/deadline suspended on Jan. 21
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.