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European Commission Spokesman's Briefing for 05-07-05

Midday Express: News from the EU Commission Spokesman's Briefings Directory - Previous Article - Next Article

From: EUROPA, the European Commission Server at <http://europa.eu.int>


CONTENTS / CONTENU

  • [01] Commission clears planned acquisition of Swiss by Lufthansa, subject to conditions
  • [02] Commission approves acquisition of Xtra Print by Continental
  • [03] Commission clears acquisition of Matussière Assets by MatlinPatterson
  • [04] Commission clears acquisition of Basell by Access Industries
  • [05] May 2005 compared to May 2004 : volume of retail trade up by 2.0% in euro-zone ; up by 2.1% in EU25
  • [06] José Manuel Barroso propose un nouveau pacte euro-africain lors du Sommet de l'Union Africaine (04/07)
  • [07] Commission welcomes US Commitment to Farm Reform
  • [08] Autre matériel diffusé Midday Express of 2005-07-05 Reference: MEX/05/0705 Date: 05/07/2005 EXME05 / 5.7

    MIDDAY EXPRESS

    News from the Press and Communication Directorate General's midday briefing

    Nouvelles du rendez-vous de midi de la Direction Général Presse etb

    Communication

    05/07/05


  • [01] Commission clears planned acquisition of Swiss by Lufthansa, subject to conditions

    The European Commission has cleared under the EU Merger Regulation the proposed acquisition by German airline Deutsche Lufthansa AG of the Swiss airline Swiss International Air Lines Ltd. The Commission's clearance is conditional upon the parties surrendering slots at Zurich and Frankfurt airports and other concessions. In light of these commitments, the Commission has concluded that the transaction would not significantly impede effective competition in the EEA and Switzerland.

    [02] Commission approves acquisition of Xtra Print by Continental

    The European Commission has cleared under the EU Merger Regulation the proposed acquisition of the German company Xtra Print Holding Gmbh ("Xtra Print") by the German company Continental AG ("Continental"). After examining the operation, the Commission concluded that the transaction would not significantly impede effective competition in the EEA or any substantial part of it.

    [03] Commission clears acquisition of Matussière Assets by MatlinPatterson

    The European Commission has granted clearance under the EU Merger Regulation to the acquisition of sole control of parts of the assets of Matussière & Forest S.A. (MFSA) of France, referred to as Matussière Assets, by investment funds controlled by MatlinPatterson L.P. of the US. MatlinPatterson is an investment fund which invests in the discounted securities and obligations of companies in financial difficulties, with the objective of acquiring corporate control and subsequently directing the reorganisation process. Matussière Assets manufactures paper for the publication of newspapers (newsprint) and magazine paper, mainly used for the publication of consumer magazines, catalogues and advertising material. The operation was examined under the simplified merger review procedure.

    [04] Commission clears acquisition of Basell by Access Industries

    The European Commission has granted clearance under the EU Merger Regulation to the acquisition of sole control of Basell N.V of the Netherlands by AI International S. .r.l. of Luxembourg, belonging to the Access Industries group of the US. Access Industries is a group of holding companies active in the fields of oil, coal, aluminium, power and telecommunications. Basell is active in the manufacture and sale of polyolefins (polyethylene and polypropylene - key ingredients in the manufacture of plastics). Basell also produces advanced polyolefins and licenses its polymer technology. It is currently a joint venture between the Royal Dutch Shell group and the BASF group. The operation was examined under the simplified merger review procedure.

    [05] May 2005 compared to May 2004 : volume of retail trade up by 2.0% in euro-zone ; up by 2.1% in EU25

    In May 2005, compared to May 2004, the volume of retail trade grew by 2.0% in the euro-zone and by 2.1% in the EU25, according to first estimates released by Eurostat. Compared to April 2005, the retail sales index rose by 1.1% in the euro-zone and by 0.8% in the EU25. In May 2005, compared to May 2004, retail trade of "food, drinks and tobacco" gained 2.0% in the euro-zone and 1.6% in the EU25. The non food sector increased by 1.8% and 1.9% respectively.

    [06] José Manuel Barroso propose un nouveau pacte euro-africain lors du Sommet de l'Union Africaine (04/07)

    M. José Manuel Barroso, président de la Commission européenne, et M. Louis Michel, commissaire chargé du développement et de l'aide humanitaire, ont assisté le 4 juillet au Sommet de l'Union Africaine qui s'est déroulé Sirte, en Libye. La Commission a adressé un message fort de soutien au processus d'intégration africain et aux mutations spectaculaires que connaît le continent depuis quelques années.

    [07] Commission welcomes US Commitment to Farm Reform

    The European Commission welcomed on 4 July the apparent willingness shown by US President George W. Bush to overhaul US agricultural subsidies. It hopes that the President's words, in an interview with ITV1 on the eve of the G8 summit, will be translated into genuine and far-reaching reforms which can find their way through Congress when the US Farm Bill is up for revision in 2007.

    [08] Autre matériel diffusé

    Speech by President José Manuel Barroso : "From Schuman to Sirte: a tale of two unions" at the African Union Summit (04/07, Sirte, Libya)

    Speech by Benita Ferrero-Waldner : "The EU, China and the quest for a multilateral world" at the China Institute of International Studies (04/07) From EUROPA, the European Commission Server at http://europa.eu.int/


    Midday Express: News from the EU Commission Spokesman's Briefings Directory - Previous Article - Next Article
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