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European Commission Spokesman's Briefing for 08-08-12
From: EUROPA, the European Commission Server at <http://europa.eu.int>
CONTENTS / CONTENU
[01] Mergers: Commission approves proposed joint-venture between Total
Produce and Haluco Beheer
[02] Commission clears acquisition of Papyrus by Triton and Altor
[03] Commission clears joint venture between Total and Sonatrach
[04] Commission clears acquisition of Saxon by Schlumberger and First
Reserve
[05] Open Hearing on Retail Investment Products
[06] Mergers: Commission approves proposed acquisition of Atlanta by De
Weide Blik
Midday Express of 2008-08-12
Reference: MEX/08/0812
Date: 12/08/2008
EXME08 / 12.08
MIDDAY EXPRESS
News from the Communication Directorate General's midday briefing
Nouvelles du rendez-vous de midi de la Direction Générale Communicationb
12/08/08
[01] Mergers: Commission approves proposed joint-venture between Total
Produce and Haluco Beheer
The European Commission has cleared under the EU Merger Regulation the
proposed acquisition of joint control over TP Haluco, a Dutch fruit and
vegetable importer and wholesaler, by Total Produce plc of Ireland and the
vendor Haluco Beheer BV. The proposed transaction would also involve the
acquisition of sole control over Haluco UK by Total Produce. After
examining the operation, the Commission concluded that the transaction
would not significantly impede effective competition in the European
Economic Area (EEA) or any substantial part of it.
[02] Commission clears acquisition of Papyrus by Triton and Altor
The European Commission has granted clearance under the EU Merger
Regulation to the acquisition of joint control of Papyrus Group by Triton
and Altor. The Papyrus Group is mainly active in paper merchanting. Triton
and Altor are private equity companies with investments in a number of
diverse portfolio companies. The operation was examined under the
simplified merger review procedure.
[03] Commission clears joint venture between Total and Sonatrach
The European Commission has granted clearance under the EU Merger
Regulation to the acquisition of joint control of two newly created
companies constituting a joint venture (JVs) by Total S.A. of France and
Société Nationale pour la recherche, la production, le transport, la
transformation et la commercialization des hydrocarbures SPA of Algeria
(Sonatrach). Total is active in integrated activities in the energy and in
the chemical sector. Sonatrach is active in the research, exploitation,
transport, transformation and marketing of hydrocarbons and its
derivatives. JVs are active in the petrochemical sector. The operation was
examined under the simplified merger review procedure.
[04] Commission clears acquisition of Saxon by Schlumberger and First
Reserve
The European Commission has granted clearance under the EU Merger
Regulation to the acquisition of joint control of Saxon Energy Services
Inc. of Canada by Schlumberger Limited of the Netherlands Antilles and
First Reserve Corporation of the USA. Saxon is a provider of equipment,
products and services to support the exploration, development and
production of oil and gas. Schlumberger provides global oilfield services
supplying technology, project management and information solutions to the
oil and gas industry. First Reserve is a private equity firm specializing
in the energy industry. The operation was examined under the simplified
merger review procedure.
[05] Open Hearing on Retail Investment Products
The European Commission have today published a record of the Open Hearing
on Retail Investment Products, held in Brussels on 15th July 2008. The
Hearing, which attracted over 250 participants, brought together senior
representatives from Member State authorities, European institutions,
consumer associations and industry sectors producing and distributing
retail investment products. Against the backdrop of a market that is
expanding rapidly and becoming more diverse, a series of speeches and panel
discussions focused on whether the existing set of European rules on
disclosure and selling provides a consistently high level of investor
protection and a level playing field across different retail investment
products. A record of the open hearing is available on the European
Commission's website (<a href="http://ec.europa.eu/internal_market/finances/cross-
sector/index_en.htm">http://ec.europa.eu/internal_market/finances/cross-
sector/index_en.htm).
Rediffusion
[06] Mergers: Commission approves proposed acquisition of Atlanta by De
Weide Blik
The European Commission has cleared under the EU Merger Regulation the
proposed acquisition of Atlanta A.G., a German fruit and vegetable importer
and wholesaler, by De Weide Blik N.V. of Belgium. After examining the
operation, the Commission concluded that the transaction would not
significantly impede effective competition in the European Economic Area
(EEA) or any substantial part of it.
From EUROPA, the European Commission Server at http://europa.eu.int/
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