EU mergers and takeovers (Dec 16)

Mon Dec 16, 2013 10:49am EST
 
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BRUSSELS Dec 16 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process:

APPROVALS AND WITHDRAWALS

-- China National Petroleum Corp to acquire a stake in a Russian Arctic project called the Yamal LNG project which is jointly controlled by Russia's Novatek and France's Total (approved Dec. 16)

-- French insurer Axa and Norway's Norges Bank to acquire joint control of SZ Tower in Munich, Germany (approved Dec. 16)

-- 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 (approved Dec. 16)

-- Private equity firm New Mountain Capital to acquire a fund from management services provider Alexander Mann Solutions (approved Dec. 16)

-- Canadian real estate developer Brookfield Property and investment firm Starwood Capital Group Global to acquire joint control of 13 hotels in Germany (approved Dec. 16)

-- Private equity firm TPG and U.S. car parts and home products retailer Servco Pacific Inc to buy Fender Musical Instrument (approved Dec. 16)   Continued...