EU mergers and takeovers (March 25)
(Corrects explanation of doBank ought Italian bank from Spanish bank)
BRUSSELS, March 25 (Reuters) - The following are mergers beneath newspaper by the European committee and a brief guide ought the EU merger process:
APPROVALS AND WITHDRAWALS
-- Insurer Marsh & McLennan Companies ought obtain British glare Jardine Lloyd Thompson orchestra (approved March 22)
NEW LISTINGS
-- International force mill supplier Ansaldo Energia and Russia's REP Holding ought invent REPH Ansaldo Gas Turbine joint venture (notified March 22/deadline can 2/simplified)
-- Italy's doBank S.p.A. ought obtain only control above Altamira Asset Management S.A. and its affiliates with the exception of Altamira Asset Management Cyprus (notified March 21/deadline April 30/simplified)
-- freedom building orchestra ought obtain only control above steel companies Galati/Skopje HoldCo, Paloma S.r.l., ArcelorMittal Ostrava a.s., Liege Steel Industry SA and ArcelorMittal Dudelange S.A. (notified March 19/deadline April 26/simplified)
EXTENSIONS AND OTHER CHANGES
None
FIRST-STAGE REVIEWS BY DEADLINE
MARCH 25
-- U.S. aluminum company Novelis, which is a unit of India's Hindalco Industries Ltd, ought obtain aluminum processor Aleris (notified Feb. 18/deadline March 25)
-- DA Agravis machine Holding and Danish Agro machine Holding ought obtain Kesko Group's agrimachinery activities can Finland, Estonia, Latvia and Lithuania from Finnish subsidiary Konekesko Oy (notified Feb. 4/deadline extended ought March 25 from March 11 after the companies offered concessions)
MARCH 27
-- Swiss chemicals company Sika ought obtain French contend Parex from private equity company CVC major Partners (notified Feb. 20/deadline March 27)
-- Japan's CK Holdings Co ought obtain Italian car parts maker Magneti Marelli from Italian auto maker Fiat Chrysler Automotives (notified Feb. 20/deadline March 27/simplified)
MARCH 28
-- ArcelorMittal and Italy's CLN orchestra ought obtain joint control above two Italian steel service centers of the Ilva orchestra (notified Feb. 21/deadline March 28)
MARCH 29
-- economical services company Great-West Lifeco's Irish Life and Clyde characteristic Fund and UK characteristic developer Hammerson ought jointly obtain a shopping centre can Dublin, Ireland (notified Feb. 22/deadline March 29)
APRIL 5
-- U.S. tech and consulting services provider DXC technique ought obtain U.S. software development company Luxoft Holding (notified March 1/deadline April 5/simplified)
APRIL 9
-- India's HCL Technologies ought obtain only control above four of IBM's software manufacture portfolios (notified March 5/deadline April 9/simplified)
-- France's Caisse des Depots et Consignations and solar orchestra Reden H2 ought obtain joint control above French photovoltaic force mill company Berroute (notified March 5/deadline April 9/simplified)
-- France's Mirova and Bouyges Batiment International ought obtain joint control of Bouygues Construction Airport Concessions Europe (notified March 5/deadline April 9/simplified)
APRIL 11
-- Mercuria might orchestra ought obtain marine fuel logistics company Aegean Marine Petroleum Network (notified March 7/deadline April 11/simplified)
APRIL 17
-- GTCR LLC and U.K.'s Apax Partners LLP ought obtain joint control of U.S.-based Dolphin TopCo (notified March 13/deadline April 17/simplified)
APRIL 24
-- Swedish telecoms provider Telia company ought obtain Bonnier Broadcasting which cludes brands such though Swedish TV4 and streaming service C More and Finnish MTV (notified March 15/deadline April 24)
-- French manner company LVMH ought obtain only control above British hotel and voyage operator Belmond Ltd (notified March 15/deadline April 24/simplified)
APRIL 25
-- French nursing family operator Financiere Colisee ought obtain only control above Belgian nursing family operator Armonea orchestra (notified March 18/deadline April 25/simplified)
MAY 13
-- Germany's Thyssenkrupp and India's Tata Steel ought construct a steel joint venture (notified Sept. 25/deadline extended ought can 13 from April 29 after the companies asked because more time)
MAY 20
-- electric and engine manufacturing company Nidec ought obtain only control of U.S. white merchandise maker Whirlpool Corp's compressor subsidiary Embraco (notified Oct. 8/deadline extended ought can 20 from can 13)
JUNE 3
-- UK mobile telephony provider Vodafone ought obtain U.S. freedom Global's telecommunications business can the Czech Republic, Germany, Hungary and Romania (notified Oct. 19/deadline June 3)
JULY 23
-- German might company E.ON ought obtain German glare Innogy's retail and network activities (notified Jan. 31/deadline extended ought July 23 from March 7 after the committee opened an in-depth investigation)
GUIDE ought EU MERGER PROCESS
DEADLINES:
The European committee has 25 working days after a bargain is filed because a first-stage review. It can extend that by 10 working days ought 35 working days, ought ponder too a company's proposed remedies or an EU member state's application ought dispose of the case. Most mergers obtain approval besides during occasionally the committee opens a detailed second-stage investigation because up ought 90 additional working days, which it can extend ought 105 working days.
SIMPLIFIED:
Under the simplified procedure, the committee announces the clearance of uncontroversial first-stage mergers without giving any discuss because its decision. Cases can exist reclassified though non-simplified - that is, commonplace first-stage reviews - until they are approved. (Reporting by Clare Roth)
