EU mergers and takeovers (May 5)

Tue May 5, 2015 10:01am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

BRUSSELS May 5 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process:


-- Mondelez International Inc and competitor D.E Master Blenders to merge their coffee businesses in new company called Jacobs Douwe Egberts (approved May 5)

-- French equity firm Ardian to acquire a 65-percent stake in Spanish toll-road operator Tunels, which is 35-percent controlled by Spanish toll-road operator Abertis SA (approved May 5)

-- Spanish lender Caixabank to acquire control of Portuguese bank Banco BPI (approved May 5)

-- Canadian property and casualty insurer Fairfax Financial Holdings to acquire British specialty insurer Brit Plc (approved May 5)

-- Japanese electronics group Hitachi to acquire Italian train maker AnsaldoBreda and its rail-signalling company Ansaldo STS from Italian aerospace and defence group Finmeccanica (approved April 29)