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European Commission Spokesman's Briefing for 07-08-20
From: EUROPA, the European Commission Server at <http://europa.eu.int>
CONTENTS / CONTENU
[01] Peru earthquake: Commission increases emergency aid to €2 million
[02] Commission clears acquisition of Takko by Advent
[03] Commission clears acquisition of Samsonite by CVC
[04] Commission clears acquisition of Nikko by Citigroup
Midday Express of 2007-08-20
Reference: MEX/07/0820
Date: 20/08/2007
EXME07 / 20.8
MIDDAY EXPRESS
News from the Communication Directorate General's midday briefing
Nouvelles du rendez-vous de midi de la Direction Générale Communicationb
20/08/07
[01] Peru earthquake: Commission increases emergency aid to €2 million
In a fast-track 'primary emergency' decision, the European Commission has
allocated €2 million to people affected by Wednesday's earthquake in
Peru. Beneficiaries are around 50,000 of the most vulnerable populations.
The Commission's funds will be used to cover their urgent needs, including
food, emergency shelter, medical assistance, hygiene kits, water and
sanitation, basic household tools as well as the establishment of emergency
telecommunications facilities and psycho-social counselling. The assistance
is channelled through the Commission's Humanitarian Aid department, ECHO,
under the responsibility of Commissioner Louis Michel.
(for more information: IP/07/1237 – Antonia Mochan - Tel. 296.99.21 - Fax
299.19.70)
[02] Commission clears acquisition of Takko by Advent
The European Commission has granted clearance under the EU Merger
Regulation to the acquisition of sole control of Takko Holding GmbH (Takko)
of Germany by Advent International Corporation (Advent) of the US. Advent
is a private equity investor. Takko is active in the distribution and sale
of fashion clothing and related accessories in the low-price range. The
operation was examined under the simplified merger review procedure.
(Chapeau – Amelia Torres - Tel. 295.46.29 - Fax 295.14.13)
[03] Commission clears acquisition of Samsonite by CVC
The European Commission has granted clearance under the EU Merger
Regulation to the acquisition of sole control of the whole of the
undertaking Samsonite Corporation (‘Samsonite’, USA) by CVC Capital
Partners Group Sarl (‘CVC’, Luxembourg). CVC is a private equity fund
and Samsonite is active in the manufacture and sale of luggage and other
travelling items. The operation was examined under the simplified merger
review procedure.
(Chapeau – Amelia Torres - Tel. 295.46.29 - Fax 295.14.13)
[04] Commission clears acquisition of Nikko by Citigroup
The European Commission has granted clearance under the EU Merger
Regulation to the acquisition of sole control of Nikko Cordial Corporation
(‘Nikko’, Japan) by Citigroup Inc. (‘Citigroup’, USA). Citigroup
deals with financial services including banking, lending, insurance and
investment services, financial planning and brokerage, etc. Nikko is active
in financial services including retail and wholesale securities brokerage,
investment banking, asset management and fund administration, etc. The
operation was examined under the simplified merger review procedure.
(Chapeau – Amelia Torres - Tel. 295.46.29 - Fax 295.14.13)
From EUROPA, the European Commission Server at http://europa.eu.int/
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