EU mergers and takeovers
The following are mergers under review by the European Commission and a brief guide to the EU merger…The following are mergers under review by the European Commission and a brief guide to the EU merger process:
-- Danish agricultural cooperative DLG to acquire German energy and building materials company Team (notified Nov. 25/deadline Jan. 9/simplified)
-- Swiss specialty chemicals group Clariant and Saudi Arabia's National Industrialisation Company (Tasnee) to form a joint venture (notified Dec. 6/deadline Jan. 22/simplified)
-- Mexican frozen food producer Sigma Alimentos to acquire Spanish meat processor Campofrio (notified Dec. 16/deadline Jan. 30/simplified)
-- Switzerland-based INEOS and Belgian chemicals company Solvay to form a joint venture (notified Sept. 16/deadline extended for the second time to March 21 from Nov. 5 after the European Commission opened an in-depth investigation)