EU mergers and takeovers (May 16)

Fri May 16, 2014 7:07am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

BRUSSELS May 16 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process:


-- Canadian private equity investment firm Onex Corp to sell The Warranty Group, a provider of extended warranty contracts, to an affiliate of TPG Capital Management LP for an enterprise value of about $1.5 billion (approved May 16)

-- Swedish farmers group Lantmannen and Finnish timber and bioenergy company Vapo to combine their Swedish and Latvian wood pellets businesses (approved May 15)


-- German airline Lufthansa and aviation training company CAE to set up a training joint venture (notified May 13/deadline June 20/simplified)

-- Katara Hospitality, owned by Qatar's sovereign wealth fund Qatar Investment Authority, to acquire joint control of a portfolio of hotels which are jointly controlled by British hotel operator InterContinental Hotels Group ( notified May 8/deadline June 18/simplified)   Continued...