EU mergers and takeovers (May 23)

Mon May 23, 2016 7:15am EDT
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BRUSSELS May 23 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process:


-- Investment fund Apollo Management to acquire Portuguese insurer Acoreana Seguros (approved May 20)


-- Inter Ikea Systems Holding, which is a unit of the IKEA Group, to acquire companies carrying out IKEA manufacturing activities from the Ingka Group which owns IKEA franchisees in 28 countries (notified May 11/deadline June 16/simplified)

-- European packaging maker Ardagh to acquire some assets from beverage can makers Ball and Rexam (notified May 18/deadline June 22/simplified)

-- Property developer Segro and Canada's Public Sector Pension Investment Board to jointly acquire Italian logistics company Torino DCI (notified May 19/deadline June 23/simplified)   Continued...