Jul 08, 2019Connect Airways received (07-Jul-2019) merger control clearance from the European Commission for its acquisition of Flybe, Propius Holdings Ltd, and its investment in Stobart Air.Connect Airways will now take over full management control of Flybe, with Mark Anderson to formally assume the role of CEO of the new business. Jul 05, 2019Connect Airways receives EC approval for Flybe acquisition (subject to conditions), securing the airline's long-term future. Stobart ATR72-600 in Flybe colours . Tweet Share G+ Share Pin It. European Commission formally approves Connect Airways acquisition of
Aug 03, 2020This article is brought to you in association with the European Commission. The European Commission has approved, under the EU Merger Regulation, the acquisition of Bombardier Transportation by Alstom. The approval is conditional on full compliance with a commitments package offered by Alstom.
Dec 19, 2008Jerusalem, Israel and Montvale, NJ, December 19, 2008 - Teva Pharmaceutical Industries Ltd. (NASDAQ: TEVA) and Barr Pharmaceuticals, Inc. (NYSE: BRL) announced today that they received approval from the European Commission to proceed with Teva's acquisition of Barr. In connection with this approval, Teva and Barr are required to divest certain formulations of 17 generic
Siemens Receive EC Approval for Bayer Acquisition. Share. Download PDF Back. Siemens has received approval from the European Commission to acquire the diagnostics division of Bayer Healthcare without restrictions. The approval follows earlier approval by U.S. antitrust authorities at the beginning of October. This follows the acquisition of the
Jul 05, 2019Connect Airways receives EC approval for Flybe acquisition (subject to conditions), securing the airline's long-term future. Stobart ATR72-600 in Flybe colours . Tweet Share G+ Share Pin It. European Commission formally approves Connect Airways acquisition of
Oct 02, 2018, best known for its construction machinery, announced the acquisition of US mining equipment company Bucyrus International for $8.8bn in June 2011. Group president Steve Wunning confirmed the takeover in a news release, saying: "This acquisition is all about growth and unprecedented opportunities.
Jul 08, 2011 Inc.(), the construction equipment giant, finalized the acquisition of Bucyrus International Inc. (NASDAQ:BUCY) following regulatory approval from the Ministry of Commerce of ChinaThe U.S. Justice Department already gave the green signal to the acquisition in May. The deal, announced in November, is valued at $8.8 billion plus net debt.
The acquisition, already approved by the boards of both companies, is subject to shareholder approval and federal antitrust review. The companies said they expected the deal to be concluded by early 1996. Because the businesses are complementary, the companies said
Mar 21, 2006CVC receives European Commission approval for acquisition of Formula One 21 Mar 2006 CVC is pleased to note that the European Commission has approved the acquisition of the Formula One Group by funds managed or advised by CVC Capital Partners Group (CVC).
Downstream aluminium product producer Novelis has received a conditional approval from the European Commission (EC) for its acquisition of Aleris, also a downstream aluminium product producer. The EC approval - announced Tuesday October 1 - hinges on the sale of an Aleris plant in Duffel, Belgium, which produces products for the automotive and
Tronox Limited (NYSE: TROX), a global mining and inorganic chemicals company, today announced that it has received conditional approval from the European Commission for its proposed acquisition of the titanium dioxide business of Cristal, a privately held global chemical and mining company headquartered in Jeddah, Saudi Arabia.The approval is contingent upon the divestiture of the paper
Under the terms of the transaction, which has been approved by the boards of directors of both companies, Bucyrus shareholders will receive $92 per share, $7.6 billion in aggregate consisting of all cash. The transaction represents an implied premium of 32 percent to Bucyrus' share price as of November 12, 2010.
Acquisitions/Mergers Allergan Created with Sketch. Teva Pharmaceutical Industries announced that it has received regulatory approval from the European Commission for its acquisition of Allergan's global generics business, according to a company news release.
Nov 10, 2016One aspect of mergers and acquisitions that is receiving growing attention is the relevance of privacy issues under U.S. and European Union ("EU") laws as well as the laws of a growing number of other jurisdictions. This two-part blog post discusses the principal MA-related privacy risks and highlights certain "traps" that are often overlooked.
May 14, 2020Outotec and expect the completion of the merger on 30 June this year, subject to approval by other required regulatory authorities, including clearances from certain competitors. Upon completion of the merger, the new company will have 15,600 employees, and an illustrative 2018 combined sales and adjusted EBITA of €3.9bn ($4.21bn).
Aug 18, 2020The European Commission has approved the proposed acquisition of Nets' account-to-account payment business by Mastercard. The decision is conditional on the transfer of a license for Nets' "Realtime 24/7" technology for account-to-account core infrastructure services as well as of the relevant personnel and other assets.
ArcelorMittal announces that it has been granted merger clearance by the European Commission for AM Investco Italy Srl's proposed acquisition of Ilva S.p.A. Read more at ArcelorMittal receives European Commission approval for its acquisition of Ilva.
Alstom/Bombardier receives Phase I clearance from the EU Commission 11.08.20. On 31 July, the European Commission approved Alstom's proposed acquisition of Bombardier, subject to conditions. The transaction, which creates the world's second-largest train manufacturer behind China's CRRC, created horizontal overlaps in a number of rolling
Earlier today, FedEx and TNT NV announced that the proposed $4.8 billion acquisition of TNT by FedEx received the news they were hoping to hear from the European Commission (EC), with the companies saying they obtained the unconditional approval of the EC and the EC concluding this deal does not raise any competition concerns. "We are extremely pleased to receive the European Commission's
May 13, 2020Subject to EGM approval and market conditions, rights issue will take place between the second half of 2020 and the first half of 2021. The reserved capital increases will take place at closing. Alstom says the syndication of 2.4 billion euros of Bridge Facilities and a new 1.5 billion Revolving Credit Facility related to the proposed
Nov 27, 2018Today the European Commission has approved the acquisition of Tele2 Netherlands by T-Mobile Netherlands without any conditions. The combined company will be in a better position to offer integrated packages of fixed and mobile telecommunication services to customers and step up the challenge for the dominant players in the Dutch market, KPN and VodafoneZiggo.