Search Results for: merger

Mergers: Commission approves acquisition of Bayer’s animal health division by Elanco, subject to conditions

This article is brought to you in association with the European Commission. The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of Bayer AGs animal health division by Elanco Animal Health Inc. The decision is conditional on the divestment of otitis products and several types of parasiticides in the European Economic Area […]

Mergers: Commission waives the commitments made by Takeda to obtain clearance of its acquisition of Shire

This article is brought to you in association with the European Commission. The European Commission has waived, under the EU Merger Regulation, the commitments made by Takeda to obtain clearance of its acquisition of Shire. The Commission approved the acquisition of Shire by Takeda on 20 November 2018, subject to the divestment of a biologic drug […]

Mergers: Commission opens in-depth investigation into proposed acquisition of Transat by Air Canada

This article is brought to you in association with the European Commission. The European Commission has opened an in-depth investigation to assess the proposed acquisition of Transat by Air Canada, under the EU Merger Regulation. The Commission is concerned that the proposed transaction may reduce competition in the passenger air transport services between the European Economic […]

Mergers: Commission approves the merger of Mylan and Pfizer’s Upjohn division, subject to conditions

This article is brought to you in association with the European Commission. The European Commission has approved, under the EU Merger Regulation, the proposed merger between the global pharmaceutical company Mylan and Upjohn, a business division of Pfizer, which operates Pfizer’s off-patent branded and generic established medicines. The decision is conditional on the divestment of Mylan’s […]

Mergers: Commission approves acquisition of Raytheon by UTC, subject to conditions

This article is brought to you in association with the European Commission. The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of Raytheon by United Technologies Corporation (UTC). The approval is conditional on the divestiture of a remedy package. The transaction combines UTC’s aerospace businesses and Raytheon’s defence business. Both companies are […]

Mergers: Commission clears acquisition of joint control over INWIT by Telecom Italia and Vodafone, subject to conditions

This article is brought to you in association with the European Commission. The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of joint control over INWIT by Telecom Italia and Vodafone. The approval is conditional on full compliance with a commitments package offered by Telecom Italia and Vodafone. Executive Vice-President Margrethe Vestager, […]

Mergers: Commission approves Assa Abloy’s acquisition of Agta Record, subject to conditions

This article is brought to you in association with the European Commission. The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of Agta Record by Assa Abloy. The approval is conditional on the implementation of a remedy package by Assa Abloy. Assa Abloy and Agta Record are two of the main Original […]

Mergers: Commission approves acquisition of joint control over Prosegur Alarmas by Telefónica and Prosegur

This article is brought to you in association with the European Commission. The European Commission has approved unconditionally, under the EU Merger Regulation, the proposed acquisition of joint control over Prosegur Alarmas by Telefónica and Prosegur. The Commission concluded that the transaction would raise no competition concerns in the European Economic Area. Under the proposed acquisition, […]

Mergers: Commission opens in-depth investigation into proposed acquisition of GrandVision by EssilorLuxottica

This article is brought to you in association with the European Commission. The European Commission has opened an in-depth investigation to assess the proposed acquisition of GrandVision by EssilorLuxottica, under the EU Merger Regulation. The Commission is concerned that the merger may reduce competition for the wholesale supply of ophthalmic lenses and eyewear, as well as […]

Mergers: Commission approves Synthomer’s acquisition of Omnova, subject to conditions

This article is brought to you in association with the European Commission. The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of Omnova by Synthomer, both manufacturers of specialty chemicals. The approval is conditional on the divestment of a remedy package. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “Specialty […]

Mergers: Commission opens in-depth investigation into proposed acquisition of DSME by HHIH

This article is brought to you in association with the European Commission. The European Commission has opened an in-depth investigation to assess the proposed acquisition of Daewoo Shipbuilding & Marine Engineering CO., Ltd (DSME) by another shipbuilding group, Hyundai Heavy Industries Holdings (HHIH), under the EU Merger Regulation. The Commission is concerned that the merger may […]

Mergers: Commission approves Varta AG’s acquisition of Energizer’s divestment business, subject to conditions

This article is brought to you in association with the European Commission. The European Commission has approved, under the EU Merger Regulation, Varta AG as a suitable purchaser of assets divested by Energizer in order to acquire Spectrum Brands’ batteries and portable lighting business. The Commission also approved Varta AG’s acquisition of the divested assets under […]

Mergers: Commission opens in-depth investigation into proposed acquisition of Metallo by Aurubis

This article is brought to you in association with the European Commission. The European Commission has opened an in-depth investigation to assess the proposed acquisition of Metallo by Aurubis, under the EU Merger Regulation. The Commission is concerned that the acquisition may reduce competition in the purchasing of copper scrap for refining. Commissioner Margrethe Vestager, responsible […]

Mergers: Commission clears Telia’s acquisition of Bonnier Broadcasting, subject to conditions

This article is brought to you in association with the European Commission. The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of Bonnier Broadcasting by Telia. The approval is conditional on full compliance with a commitments package offered by Telia. Commissioner Margrethe Vestager, in charge of competition policy, said: “We have today […]

Mergers: Commission opens in-depth investigation into joint ventures proposed by Boeing and Embraer

This article is brought to you in association with the European Commission. The European Commission has opened an in-depth investigation to assess the proposed creation of two joint ventures by aircraft manufacturers Boeing and Embraer, under the EU Merger Regulation. The Commission is concerned that the transaction may reduce competition as regards commercial aircraft. Commissioner Margrethe […]

Mergers: Commission clears E.ON’s acquisition of Innogy, subject to conditions

This article is brought to you in association with the European Commission. The European Commission has approved, under the EU Merger Regulation, the acquisition by E.ON of Innogy’s distribution and consumer solutions business as well as certain of its electricity generation assets. The approval is conditional on full compliance with a commitments package offered by E.ON. […]

Mergers: Commission opens in-depth investigation into PKN Orlen’s proposed acquisition of Lotos

This article is brought to you in association with the European Commission. The European Commission has opened an in-depth investigation to assess the proposed acquisition of Lotos by PKN Orlen, under the EU Merger Regulation. The Commission is concerned that the merger may reduce competition in the supply of fuels and related markets in Poland and […]

Mergers: Commission clears Vodafone’s acquisition of Liberty Global’s cable business in Czechia, Germany, Hungary and Romania, subject to conditions

This article is brought to you in association with the European Commission. The European Commission has approved, under the EU Merger Regulation, the proposed acquisition by Vodafone of Liberty Global’s cable business in Czechia, Germany, Hungary and Romania. The approval is conditional on full compliance with a commitments package offered by Vodafone. Commissioner Margrethe Vestager, in charge […]

Mergers: Commission approves GlaxoSmithKline’s acquisition of Pfizer’s Consumer Health Business, subject to conditions

This article is brought to you in association with the European Commission. The European Commission has approved, under the EU Merger Regulation, the acquisition of Pfizer’s Consumer Health Business by GlaxoSmithKline. The decision is conditional upon the global divestment of Pfizer’s topical pain management business carried out under the ThermaCare brand. GlaxoSmithKline (“GSK”) and Pfizer’s Consumer Health Business […]

Mergers: Commission approves the acquisition of Flybe by Connect Airways, subject to conditions

This article is brought to you in association with the European Commission. The European Commission has approved, under the EU Merger Regulation, the acquisition of UK regional air carrier Flybe by Connect Airways, a consortium by Virgin Atlantic, Stobart Aviation and Cyrus. The decision is conditional on full compliance with commitments offered by Connect Airways. Today’s […]

Mergers: Commission fines Canon €28 million for partially implementing its acquisition of Toshiba Medical Systems Corporation before notification and merger control approval

This article is brought to you in association with the European Commission. The European Commission has fined Canon, the Japan-based imaging and optical products manufacturer, €28 million for implementing its acquisition of Toshiba Medical Systems Corporation (TMSC) before notification to and approval by the Commission, in breach of EU Merger control rules. Commissioner Margrethe Vestager, in charge […]

Mergers: Commission approves acquisition of L3 Technologies by Harris Corporation, subject to conditions

This article is brought to you in association with the European Commission. The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of L3 Technologies by Harris Corporation, both aerospace and defence companies based in the US. The approval is conditional on the divestiture of Harris Corporation’s global night vision business. Both L3 […]

Mergers: Commission prohibits proposed merger between Tata Steel and ThyssenKrupp

This article is brought to you in association with the European Commission. The European Commission has prohibited the creation of a joint venture by Tata Steel and ThyssenKrupp under the EU Merger Regulation. The merger would have reduced competition and increased prices for different types of steel. The parties did not offer adequate remedies to address these concerns. Commissioner […]

Teaching medical ethics and technology: Are our future doctors prepared for this merger?

This article was exclusively written for The European Sting by Ms. Bruna C. Nichelatti, a 2nd year medical student at the University of Blumenau (FURB). She is affiliated to the International Federation of Medical Students Associations (IFMSA), cordial partner of The Sting. The opinions expressed in this piece belong strictly to the writer and do not necessarily reflect IFMSA’s […]

4 ways to cyberproof your business during mergers & acquisitions

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Algirde Pipikaite, Project Lead, Governance and Policy, World Economic Forum & Sam Rajachudamani, Consultant, Boston Consulting Group Mergers and acquisitions (M&A) are a commonly adopted business strategy in the interest of value creation. Motivation for M&A varies and includes […]

Siemens-Alstom merger: Can Germany and France lobby to circumvent EC’s rejection, against EU consumers’ interests?

The European Commission (EC), after months of investigation and discussions, came to the independent conclusion to refuse the merger of the rail companies Siemens and Alstom despite the improvements provided by the two firms together with the continuous pressure by the French and German governments. Nevertheless, France and Germany still believe that the EU has wrongly […]

Mergers: Commission prohibits Siemens’ proposed acquisition of Alstom

This article is brought to you in association with the European Commission. The European Commission has prohibited Siemens’ proposed acquisition of Alstom under the EU Merger Regulation. The merger would have harmed competition in markets for railway signalling systems and very high-speed trains. The parties did not offer remedies sufficient to address these concerns. Commissioner Margrethe […]

Mother of all mergers between Facebook Messenger, WhatsApp and Instagram: EU Data Privacy restrictions against Facebook’s imperialistic plans

Facebook celebrated its fifteen years last Monday and reported earnings in the last quarter of 2018 despite the scandals brought to light during the previous year. Mark Zuckerberg, Facebook’s CEO, stated that there is a plan to integrate WhatsApp, Instagram and Facebook Messenger by 2020 in order to allow users to send messages between these […]

Siemens-Alstom merger: Will the EC succumb to Franco-German pressures for the sake of May’s EU Elections?

It was yesterday when executives of Siemens and Alstom met with EU Commissioner Margrethe Vestager in one of their last attempts to convince her to give the green light for their merge. The European Commission (EC) is now left to decide till February 18 whether or not to approve the merger of the rail operations […]

“A global threat lies ahead worsened after the EU’s green light to the Bayer-Monsanto merger”, a Sting Exclusive by the President of Slow Food

This article was exclusively written for the Sting by Mr Carlo Petrini, founder and President of Slow Food, a global, grassroots organization, founded in 1989 to prevent the disappearance of local food cultures and traditions and counteract the rise of fast food culture. The opinion expressed in this piece belongs strictly to the writer and does not necessarily reflect The […]

The EU clears Bayer-Monsanto merger amid wide competition and environmental concerns

Bayer’s cross at night (Copyright: Bayer AG)

Last week, the European Union formally gave its approval to Germany multinational company Bayer’s $62.5 billion acquisition of US-based Monsanto. Bayer AG, leader in the chemical and pharmaceutical industry, got one step closer to take over the world’s largest seed company, after agreeing to bolster BASF SE by selling to it seeds, pesticides and digital […]

EU starts in-depth investigation of Linde-Praxair merger over competition concerns

The Linde Group Logo (Source: The Linde Group website, Press Services, 2018)

The European Commission has opened an in-depth investigation to assess a proposed merger between German industrial gases group Linde and US peer Praxair Inc., under the EU Merger Regulation. The official announcement came last Friday, as the Commission said it has concerns “that the merger may reduce competition in the supply of several crucial gases, […]

The London City-EU connection holds despite of Brexit and the ban of LSE-Deutsche Börse merger

European Commission’s decision to ban the Deutsche Börse – London Stock Exchange merger, on the one hand solved a long list of problems it could have triggered, in view of and after the Brexit. On the other hand though, this decision has created probably as many issues, because London is the long established low cost […]