October 31, 2016 / 12:02 PM / in a year

EU mergers and takeovers (Oct 31)

BRUSSELS, Oct 31 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process:

APPROVALS AND WITHDRAWALS

-- Dutch paint and coatings maker Akzo Nobel to acquire Germany chemical company BASF’s industrial coasting business (approved Oct. 28)

-- French drugmaker Sanofi unit Sanofi Pasteur SA to acquire sole control of some human vaccines and immunoglobulins which it now jointly owns with U.S. drugmaker Merck & Co (approved Oct. 28)

-- Canada Pension Plan Investment Board to acquire a 39.99 percent stake in Glencore Agriculture Ltd from mining company Glencore (approved Oct. 28)

-- Alliance Automotive Group to acquire auto distributor FPS Distributor (approved Oct. 28)

-- French minerals company Imerys to acquire alumina producer Alteo ARC and Alufin GmbH Tabularoxid from Alteo Holding SAS (approved Oct. 28)

-- U.S. laser tools and systems maker Coherent to acquire laser developer and manufacturer Rofin-Sinar Technologies (approved Oct. 26)

-- Dutch staffing company Randstad to acquire U.S. peer Monster Worldwide (approved Oct. 26)

-- Private equity firm Axcel IV, Danish pension fund PFA Pension and three other pension funds PKA to jointly acquire Danish ship financing company DSF (approved Oct. 26)

NEW LISTINGS

-- French group Danone to acquire U.S. organic foods producer WhiteWave Foods Co (notified Oct. 26/deadline Dec. 2)

-- U.S. chemicals group Riechhold and Black Diamond Capital to acquire Italian polymers maker Polynt which is owned by Italian private equity group Investindustrial (notified Oct. 26/deadline Dec. 2)

-- Abu Dhabi company International Petroleum Investment Company P.J.S.C. (IPIC) and Mubadala Development Co P.J.S.C. to merge (notified Oct. 24/deadline Nov. 30/simplified)

EXTENSIONS AND OTHER CHANGES

-- Chinese state-owned company China National Chemical Corp (ChemChina) to acquire Swiss pesticides and seeds group Syngenta (notified Sept. 23/deadline extended to March 15 from Oct. 28 after the European Commission opened an in-depth investigation)

-- German shipping company Hapag-Lloyd to merge with Kuwait-based United Arab Shipping Co (notified Oct. 3/deadline extended to Nov. 23 from Nov. 9 after the companies offered concessions)

FIRST-STAGE REVIEWS BY DEADLINE

NOV 4

-- French chemicals company Arkema to acquire sealants and adhesives maker Den Braven (notified Sept. 28/deadline Nov. 4)

NOV 9

-- German drugmaker Boehringer Ingelheim to acquire French peer Sanofi’s animal health business (notified Sept. 19/deadline extended to Nov. 9 from Oct. 24 )

-- U.S. medical devices maker Abbott Laboratories to acquire U.S. peer St Jude (notified Oct. 3/deadline Nov. 9)

NOV 11

-- Private investment firm Clayton, Dubilier & Rice to acquire medical home care equipment maker Drive Devilbiss Healthcare (notified Oct. 5/deadline Nov. 11/simplified)

NOV 15

-- Buyout firm Carlyle to acquire a minority stake in German clinic chain Schoen Klinik (notified Oct. 7/deadline Nov. 15)

NOV 16

-- Optima Bidco (Jersey) Ltd, the parent of petrol station operator Euro Garages, to acquire petrol station and convenience store operator EFR Group B.V. (notified Oct. 10/deadline Nov. 16/simplified)

-- French car parts supplier Valeo to acquire German clutch maker FTE Group (notified Oct. 10/deadline Nov. 16)

NOV 17

-- Platinum Equity Group to acquire power and infrastructure management products provider Emerson Network Power Business (notified Oct. 11/Nov. 17/simplified)

-- Private equity firm Naxicap to acquire German personnel services provider TimePartner (notified Oct. 11/deadline Nov. 17/simplified)

NOV 18

-- Swiss hotel services provider Kuoni GTA to acquire hotel distribution and destination management provider MTS Globe (notified Oct. 12/deadline Nov. 18)

NOV 21

-- German supermarket chain Metro to acquire French food service delivery company Colruyt France SAS (notified Oct. 13/deadline Nov. 21/simplified)

NOV 22

-- Diamond Offshore Wind Holdings, which is part of Japan’s Mitsubishi Corp, Eneco Holding NV unit Eneco Wind Belgium and Elicio subsidiary and Belgian wind farm producer ELNU to jointly acquire wind farm operator Norther NV (notified Oct. 14/deadline Nov. 22/simplified)

-- U.S. oil services company FMC Technologies to merge with French oil services company Technip (notified Oct. 14/deadline Nov. 22)

-- U.S. software company Microsoft to acquire social network LinkedIn (notified Oct. 14/deadline Nov. 22)

-- French household equipment maker Groupe SEB to acquire German peer WMF from private equity firm KKR (notified Oct. 14/deadline Nov. 22)

NOV 23

-- French investment firm Ardian to acquire German car parts maker Weber Automotive (notified Oct. 17/deadline Nov. 23/simplified

NOV 25

-- Cinema chain AMC UK, which is a unit of U.S. company AMC Entertainment Holdings Inc, which in turn is owned by China’s Dalian Wanda Group, to acquire Odeon and UCI Cinemas Holdings Ltd from Terra Firma Investments (notified Oct. 19/deadline Nov. 25/simplified)

NOV 29

-- Canada Pension Plan Investment Board and real estate developer Hammerson to acquire joint control of UK shopping centre Grand Central, which is now solely owned by Hammerson (notified Oct. 21/deadline Nov. 29/simplified)

FEB 6

-- U.S. chemicals company Dow Chemical to merge with DuPont (notified June 22/deadline Feb. 6)

FEB 13

-- Deutsche Boerse and the London Stock Exchange plan to merge (notified Aug. 24/deadline extended to March 6 from Feb. 13 after the companies asked for more time)

FEB 23

-- German cement producers Heidelbergcement and Schwenk to jointly acquire Mexican peer Cemex’s Croatian unit (notified Sept. 5/deadline extended to Feb. 23 from Oct. 10 after the European Commission opened an in-depth investigation)

SUSPENDED

-- Azerbaijan’s state energy company SOCAR to buy stakes in Greek natural gas grid operator DESFA from Greek natural gas utility DEPA (notified Oct. 1/deadline suspended on Jan. 21)

GUIDE TO EU MERGER PROCESS

DEADLINES:

The European Commission has 25 working days after a deal is filed for a first-stage review. It may extend that by 10 working days to 35 working days, to consider either a company’s proposed remedies or an EU member state’s request to handle the case.

Most mergers win approval but occasionally the Commission opens a detailed second-stage investigation for up to 90 additional working days, which it may extend to 105 working days.

SIMPLIFIED:

Under the simplified procedure, the Commission announces the clearance of uncontroversial first-stage mergers without giving any reason for its decision. Cases may be reclassified as non-simplified - that is, ordinary first-stage reviews - until they are approved. (Compiled by Foo Yun Chee)

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