|
|
|
European Commission Spokesman's Briefing for 05-08-25
From: EUROPA, the European Commission Server at <http://europa.eu.int>
CONTENTS / CONTENU
[01] Commission approves €7.5 million assistance to Yemen
[02] Mergers: Commission approves takeover of Guidant Corporation by
Johnson & Johnson, subject to conditions
[03] Autre matériel diffusé
Midday Express of 2005-08-25
Reference: MEX/05/0825
Date: 25/08/2005
EXME05 / 25.8
MIDDAY EXPRESS
News from the Press and Communication Directorate General's midday briefing
Nouvelles du rendez-vous de midi de la Direction Général Presse etb
Communication
25 / 08 / 05
[01] Commission approves €7.5 million assistance to Yemen
The European Commission has granted €7.5 million for two assistance
projects in Yemen. The projects will support the Government and NGO
partnership for the promotion and protection of human rights in Yemen and
the sustainable development of its fishery sector. They are part of the
Commission’s 2005-2006 strategy for Yemen that focuses on poverty
reduction and strengthening of pluralism and democracy.
[02] Mergers: Commission approves takeover of Guidant Corporation by
Johnson & Johnson, subject to conditions
The European Commission has approved under the EU Merger Regulation the
planned $ 24 billion (around € 18 billion) acquisition by US healthcare
group Johnson & Johnson (J&J) of its competitor Guidant, a US company
specialised in cardiovascular medical products, subject to conditions. In
particular the parties must divest either J&J or Guidant Endoscopic Vessel
Harvesting products (“EVH”), plus Guidant’s EEA endovascular
business and J&J’s EEA Steerable Guidewires business. The Commission
decision follows an in-depth investigation into the takeover (see <a
href="http://europa.eu.int/rapid/pressReleasesAction.do?reference=IP/05/471&format=HTML&aged=1&language=EN&guiLanguage=fr">IP/05/471).
In light of the commitments given by J&J, the Commission has concluded that
the transaction would not significantly impede effective competition in the
European Economic Area (EEA) or a significant part of it.
[03] Autre matériel diffusé
Questions and Answers on EU action on avian influenza and flu pandemic
preparedness
From EUROPA, the European Commission Server at http://europa.eu.int/
|
