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European Commission Spokesman's Briefing for 99-08-23

Midday Express: News from the EU Commission Spokesman's Briefings Directory - Previous Article - Next Article

From: EUROPA, the European Commission Server at <http://europa.eu.int>

MIDDAY EXPRESS

News from the Spokesman's midday briefing

Nouvelles du rendez-vous de midi du Porte-Parole 23/08/1999b


CONTENTS / CONTENU

  • [01] Commission approves joint venture of Knorr-Bremse and Rexroth (both Germany)
  • [02] La Commission donne son feu vert à l'acquisition par Suez-Lyonnaise des Eaux (France) de Nalco (USA)

  • [01] Commission approves joint venture of Knorr-Bremse and Rexroth (both Germany)

    The European Commission has approved the creation of a joint venture in the supply industry for track vehicles by the German companies Knorr-Bremse Systeme für Schienenfahrzeuge GmbH, Munich, and Rexroth Mecman GmbH, Hannover, belonging to the Mannesmann group. Knorr-Bremse is the leading supplier of brakes for track vehicles in the European Economic Area (EEA). Rexroth on the other hand is a small player in this field producing but a limited product range itself. Due to the minor increase in market shares, the transaction does not raise any competition concerns on any of the examined product markets.

    [02] La Commission donne son feu vert à l'acquisition par Suez-Lyonnaise des Eaux (France) de Nalco (USA)

    La Commission européenne a approuvé le projet d'acquisition du groupe Nalco Chemical Corporation par Suez-Lyonnaise des Eaux par le biais d'une offre publique d'achat (OPA). Les activités des deux groupes ne se chevauchent dans l'Union européenne (UE) que dans le domaine du conditionnement de l'eau à destination des clients industriels. La Commission a conclu que l'opération ne mènera pas à la création d'une position dominante compte tenu, notamment, de la présence de concurrents puissants sur les marchés en cause.

    MIDDAY EXPRESS


    From EUROPA, the European Commission Server at http://europa.eu.int/
    © ECSC - EC - EAEC, Brussels-Luxembourg, 1995, 1996


    Midday Express: News from the EU Commission Spokesman's Briefings Directory - Previous Article - Next Article
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