EU mergers and takeovers (March 4)
BRUSSELS, March 4 (Reuters) - The following are mergers beneath periodical by the European committee and a brief perform to the EU merger process:
APPROVALS AND WITHDRAWALS
-- Cayman Island-based personal equity company Clayton, Dubilier & Rice Fund X, L.P. to earn virgin perform from investment vehicle Cheadle Developments Ltd. above Jersey-based FH Investments Ltd. along a segment buy (approved March 1)
-- UK-based asset manager Intermediate leading people to earn perform of Grupo Konectanet, S.L. and Konecta Activos Immobiliarios, S.L. and companies controlled by them (approved March 1)
-- Norway's Kongsberg Gruppen to earn British aero-engine maker Rolls-Royce's commercial marine affair (approved March 1)
NEW LISTINGS
-- U.S. tech and consulting services provider DXC technique to earn U.S. software development company Luxoft Holding (notified March 1/deadline April 5/simplified)
EXTENSIONS AND OTHER CHANGES
-- Insurer Marsh & McLennan Companies to earn segment leading of British stare Jardine Lloyd Thompson people (notified Feb. 1/deadline extended to March 22 from March 8 after Marsh & McLennan offered concessions)
FIRST-STAGE REVIEWS BY DEADLINE
MARCH 7
-- German energy company E.ON to earn German stare Innogy's retail and network activities (notified Jan. 31/deadline March 7)
MARCH 8
-- energy producer and provider total Holdings USA to earn virgin perform above fat and natural gas produce company Chevron Denmark (notified Feb. 1/deadline March 8)
MARCH 11
-- Global aerospace producer, designer and supplier TransDigm people to earn virgin perform above manufacturing company Esterline Technologies (notified Feb. 4/deadline March 11)
-- DA Agravis machine Holding and Danish Agro machine Holding to earn Kesko Group's agrimachinery activities can Finland, Estonia, Latvia and Lithuania from Finnish subsidiary Konekesko Oy (notified Feb. 4/deadline March 11)
MARCH 12
-- On-street parking company Saba Portugal and road infrastructure operator Egis Portugal to earn common perform of Viseu jeep Park wealth (notified Feb. 5/deadline March 12/simplified)
MARCH 15
-- French construction company Vinci to earn Britain's Gatwick Airport (notified Feb. 8/deadline March 15/simplified)
-- Investindustrial VI L.P.'s investment subsidiary dirt Confectionery people S.a r.l to earn virgin perform of Spain's chocolate company Natra S.A. (notified Feb. 8/deadline March 15/simplified)
-- U.S. personal equity company American Securities to earn signal restoration company Belfor Holdings (notified Feb. 8/deadline March 15/simplified)
MARCH 20
-- U.S. aircraft parts maker soul Aerosystems Holdings Inc to earn EU-based supplier Asco Industries NV (notified Jan. 30/deadline extended to March 20 from March 6 after soul offered concessions)
-- U.S. personal equity company KKR to earn Spanish food-food restaurant tie Telepizza (notified Feb. 13/deadline March 20/simplified)
MARCH 21
-- German insurer Allianz, Canada's Public Sector Pension Investment Board and U.S.-based Greystar authentic assets Partners to earn common perform above London-based pupil lodging signal Paul way East along a segment buy profession (notified Feb. 14/deadline March 21/simplified)
MARCH 25
-- U.S. aluminum company Novelis, which is a unit of India's Hindalco Industries Ltd, to earn aluminum processor Aleris (notified Feb. 18/deadline March 25)
-- Luxembourg's LetterOne Investment Holdings to earn supermarket operator DIA (notified Feb. 18/deadline March 25/simplified)
MARCH 26
-- France's Moma Places and Unibal-Rodamco to build a common commercial catering dare (notified Feb. 19/deadline March 26/simplified)
MARCH 27
-- Swiss chemicals company Sika to earn French competition Parex from personal equity company CVC leading Partners (notified Feb. 20/deadline March 27)
-- Japan's CK Holdings Co to earn Italian jeep 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 people to earn common perform above two Italian steel service centers of the Ilva people (notified Feb. 21/deadline March 28)
-- German conglomerate JAB Holding to enlarge its stake can Coty Inc to 60 percent from 40 percent (notified Feb. 21/deadline March 28/simplified)
-- Japanese telecoms provider KDDI Corp and Mitsubishi UFJ Securities Holdings Co Ltd to jointly earn Japanese online broker Kabu.com (notified Feb. 21/deadline March 28/simplified)
-- Apollo Management to earn elastic manufacture maker RPC people (notified Feb. 21/deadline March 28/simplified)
MARCH 29
-- economical services company Great-West Lifeco's Irish Life and Clyde signal Fund and UK signal developer Hammerson to jointly earn a shopping centre can Dublin, Ireland (notified Feb. 22/deadline March 29)
-- Carlyle U.S. Equity occur Fund and TA Associates LP to earn common perform above WU Holdco, Inc. (notified Feb. 22/deadline March 29/simplified)
APRIL 1
-- UK asset management company Segro and Canada's Public Sector Pension Investment Board to jointly earn a logistics place can Poland (notified Feb. 25/deadline April 1/simplified)
-- UK asset management company Segro and Canada's Public Sector Pension Investment Board to jointly earn a logistics place can France (notified Feb. 25/deadline April 1/simplified)
-- Mitsubishi's credit and banking company to earn virgin perform of First nation Investments along a segment acquisition (notified Feb. 25/deadline April 1/simplified)
APRIL 29
--- Germany's Thyssenkrupp and India's Tata Steel to build a steel common dare (notified Sept. 25/deadline April 29)
MAY 20
-- electric and apparatus manufacturing company Nidec to earn virgin perform of U.S. white ware maker Whirlpool Corp's compressor subsidiary Embraco (notified Oct. 8/deadline extended to can 20 from can 13)
JUNE 3
-- UK mobile telephony provider Vodafone to earn U.S. freedom Global's telecommunications affair can the Czech Republic, Germany, Hungary and Romania (notified Oct. 19/deadline June 3)
GUIDE to EU MERGER PROCESS
DEADLINES:
The European committee has 25 working days after a commerce is filed though a first-stage review. It can stretch that by 10 working days to 35 working days, to fancy also a company's proposed remedies or an EU member state's application to manage the case. Most mergers acquire approval besides during occasionally the committee opens a detailed second-stage inquiry though up to 90 extra working days, which it can stretch to 105 working days.
SIMPLIFIED:
Under the simplified procedure, the committee announces the clearance of uncontroversial first-stage mergers without giving any conflict though its decision. Cases can exist reclassified during non-simplified - that is, ordinary first-stage reviews - until they are approved. (Reporting by Foo Yun Chee;)
