EU mergers and takeovers (Nov 20)

Wed Nov 20, 2013 7:05am EST
 
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BRUSSELS Nov 20 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process:

APPROVALS AND WITHDRAWALS

-- U.S. bank Goldman Sachs to acquire sole control of British motor insurer Hastings Insurance Group (approved Nov. 20)

NEW LISTINGS

-- French insurer Axa and Norway's Norges Bank to acquire joint control of SZ Tower in Munich, Germany (notified Nov. 18/deadline Dec. 23/simplified)

-- German building supplies wholesaler Cordes & Graefe to acquire French construction supplier Pompac (notified Nov. 18/deadline Dec. 23)

-- Danish pension fund PensionDanmark Holding to acquire a 49 percent stake in gas pipeline operator Noordgastransport from Abu Dhabi-based energy company TAQA, giving it joint control with French utility GDF Suez (notified Nov. 18/deadline Dec. 23/simplified)   Continued...