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EU mergers and takeovers (March 4)

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Update time : 2019-06-25 16:56:28

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;)

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