The following are mergers under review by the European Commission and a brief guide to the EU merger process:
NEW LISTINGS
Japanese engineering company IHI Corp to buy the remaining 49 percent of German car turbo charger maker IHI Charging Systems International it does not own from German car maker Daimler AG (notified Jan. 18/deadline Feb. 22/simplified)
Private equity firm CVC Capital Partners CVC.UL to buy data information provider Cerved Holding (notified Jan. 18/deadline Feb. 22/simplified)
FIRST-STAGE REVIEWS BY DEADLINE
JAN 28
Private investment firm Vitronet Investments, which is jointly controlled by German utility RWE and Luxembourg-based Aesop S.a.r.l, to acquire German information services provider Infinity (notified Dec. 12/deadline Jan. 28/simplified)
JAN 29
Investment bank Goldman Sachs, TPG LundyCo L.P. and British bank Barclays to jointly acquire British hotel operator Kew Green (notified Dec. 13/deadline Jan. 29/simplified)
JAN 30
Japanese car parts company Yazaki Europe to acquire sole control of car electrical distribution systems maker S-Y Systems Technologies Europe, which jointly controlled by Yazaki and Continental Automotive GmbH (notified Dec. 14/deadline Jan. 30/simplified)
FEB 5
U.S. mail delivery company United Parcel Service Inc to acquire Dutch peer TNT Express (notified June 15/deadline extended for the fifth time to Feb. 5 from Jan. 15 after UPS offered commitments)
German private equity group Droege International to take control of German technology company ALSO-Actebis (notified Dec. 21/deadline Feb. 5)
FEB 6
Private equity firm Advent International to acquire U.S. specialty chemicals maker Cytec's coating resin business (notified Dec. 21/deadline Feb. 6)
Japanese auto parts maker U-Shin to buy French car parts equipment maker Valeo's car lock unit (notified Dec. 21/deadline Feb. 6)
German service company BayWa AG to acquire a 60 percent stake in German agricultural wholesaler and retailer Bohnhorst Agrarhandel (notified Dec. 21/deadline Feb. 6)
FEB 7
Japanese conglomerate Mitsui & Co Ltd and Russian steel producer Severstal to acquire joint control of Russian steel product maker Severstal-SSC-Vsevolozhsk, which is now soley controlled by Severstal (notified Jan. 3/deadline Feb. 7/simplified)
U.S. clothing firm PVH to acquire clothing company Warnaco (notified Jan. 3/deadline Feb. 7)
Japanese conglomerate Mitsui 8031.T to acquire part of American car dealer Penske Automotive Group's Italian subsidiary PAG Italy S.r.l. (notified Jan. 3/deadline Feb. 7/simplified)
French public financial group CDC to set up a joint venture with French computer firm Bull focused on cloud computing (notified Jan. 3/deadline Feb. 7/simplified)
Japan's Mitsubishi Corporation and Mitsubishi Electric Corporation to acquire joint control of MELCO Elevator Vietnam Co. Ltd. (notified Jan. 3/deadline Feb. 7/simplified)
FEB 11
French financial group PAI Partners to take control of French industrial supplier Industrial Parts Holding (IPH)(notified Jan. 7/deadline Feb. 11)
FEB 18
Japanese camera maker Canon to acquire Belgian document recognition company Iris (notified Jan. 14/deadline Feb. 18)
FEB 20
Private equity firm Clayton Dubilier & Rice to acquire British consumer goods retailer B&M (notified Jan. 16/deadline Feb. 20/simplified)
FEB 27
Ryanair RYA.I to acquire Aer Lingus (notified July 24/deadline extended for the third time to Feb. 27 from Feb. 6 after Ryanair offered more commitments)
MAY 15
U.S. communications company Syniverse Technologies to buy Luxembourg-based communications services company Mach (notified Nov. 16/deadline extended to May 5 from Dec. 21 after the EU Commission opens an in-depth investigation)
GUIDE TO EU MERGER PROCESS
DEADLINES:
The European Commission has 25 working days after a deal is filed for a first-stage review. It may extend that by 10 working days to 35 working days, to consider either a company's proposed remedies or an EU member state's request to handle the case.Most mergers win approval but occasionally the Commission opens a detailed second-stage investigation for up to 90 additional working days, which it may extend to 105 working days.
SIMPLIFIED:
Under the simplified procedure, the Commission announces the clearance of uncontroversial first-stage mergers without giving any reason for its decision. Cases may be reclassified as non-simplified -- that is, ordinary first-stage reviews -- until they are approved.
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