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Europe Daily Bulletin No. 10103

23 March 2010
Contents Publication in full By article 27 / 36
GENERAL NEWS / (eu) eu/competition
Commission authorises buy-out of Edscha Gestamp Automoción

Brussels, 22/03/2010 (Agence Europe) - On Friday 19 March, the European Commission cleared the proposed acquisition of the hinge and control systems unit of Edscha AG of Germany by Gestamp Automoción S.L. of Spain. Both companies supply components to the automotive industry. The Commission's investigation confirmed that the parties' activities overlap only with respect to foot controls for vehicles, while some of their activities are vertically related, given Gestamp's activities in steel...

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