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European Commission Spokesman's Briefing for 08-08-12

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] Mergers: Commission approves proposed joint-venture between Total Produce and Haluco Beheer
  • [02] Commission clears acquisition of Papyrus by Triton and Altor
  • [03] Commission clears joint venture between Total and Sonatrach
  • [04] Commission clears acquisition of Saxon by Schlumberger and First Reserve
  • [05] Open Hearing on Retail Investment Products
  • [06] Mergers: Commission approves proposed acquisition of Atlanta by De Weide Blik Midday Express of 2008-08-12 Reference: MEX/08/0812 Date: 12/08/2008 EXME08 / 12.08

    MIDDAY EXPRESS

    News from the Communication Directorate General's midday briefing

    Nouvelles du rendez-vous de midi de la Direction Générale Communicationb

    12/08/08


  • [01] Mergers: Commission approves proposed joint-venture between Total Produce and Haluco Beheer

    The European Commission has cleared under the EU Merger Regulation the proposed acquisition of joint control over TP Haluco, a Dutch fruit and vegetable importer and wholesaler, by Total Produce plc of Ireland and the vendor Haluco Beheer BV. The proposed transaction would also involve the acquisition of sole control over Haluco UK by Total Produce. After examining the operation, the Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.

    [02] Commission clears acquisition of Papyrus by Triton and Altor

    The European Commission has granted clearance under the EU Merger Regulation to the acquisition of joint control of Papyrus Group by Triton and Altor. The Papyrus Group is mainly active in paper merchanting. Triton and Altor are private equity companies with investments in a number of diverse portfolio companies. The operation was examined under the simplified merger review procedure.

    [03] Commission clears joint venture between Total and Sonatrach

    The European Commission has granted clearance under the EU Merger Regulation to the acquisition of joint control of two newly created companies constituting a joint venture (JVs) by Total S.A. of France and Société Nationale pour la recherche, la production, le transport, la transformation et la commercialization des hydrocarbures SPA of Algeria (Sonatrach). Total is active in integrated activities in the energy and in the chemical sector. Sonatrach is active in the research, exploitation, transport, transformation and marketing of hydrocarbons and its derivatives. JVs are active in the petrochemical sector. The operation was examined under the simplified merger review procedure.

    [04] Commission clears acquisition of Saxon by Schlumberger and First Reserve

    The European Commission has granted clearance under the EU Merger Regulation to the acquisition of joint control of Saxon Energy Services Inc. of Canada by Schlumberger Limited of the Netherlands Antilles and First Reserve Corporation of the USA. Saxon is a provider of equipment, products and services to support the exploration, development and production of oil and gas. Schlumberger provides global oilfield services supplying technology, project management and information solutions to the oil and gas industry. First Reserve is a private equity firm specializing in the energy industry. The operation was examined under the simplified merger review procedure.

    [05] Open Hearing on Retail Investment Products

    The European Commission have today published a record of the Open Hearing on Retail Investment Products, held in Brussels on 15th July 2008. The Hearing, which attracted over 250 participants, brought together senior representatives from Member State authorities, European institutions, consumer associations and industry sectors producing and distributing retail investment products. Against the backdrop of a market that is expanding rapidly and becoming more diverse, a series of speeches and panel discussions focused on whether the existing set of European rules on disclosure and selling provides a consistently high level of investor protection and a level playing field across different retail investment products. A record of the open hearing is available on the European Commission's website (<a href="http://ec.europa.eu/internal_market/finances/cross- sector/index_en.htm">http://ec.europa.eu/internal_market/finances/cross- sector/index_en.htm).

    Rediffusion

    [06] Mergers: Commission approves proposed acquisition of Atlanta by De Weide Blik

    The European Commission has cleared under the EU Merger Regulation the proposed acquisition of Atlanta A.G., a German fruit and vegetable importer and wholesaler, by De Weide Blik N.V. of Belgium. After examining the operation, the Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it. 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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