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Europe Daily Bulletin No. 10162

18 June 2010
Contents Publication in full By article 35 / 42
GENERAL NEWS / (eu) eu/competition
Commission approves acquisition of RBS Sempra commodities by JP Morgan

Brussels, 17/06/2010 (Agence Europe) - On Wednesday 16 June, the European Commission cleared the proposed acquisition of RBS Sempra Commodities LLP, the commodities trading arm of UK-based Royal Bank of Scotland, by JP Morgan Chase & Co.

Sempra is primarily active in physical trading of a wide range of commodities and also provides warehousing services for certain of these commodities through its subsidiary Henry Bath & Son Ltd. JP Morgan is a large banking institution and active in the...

Contents

EUROPEAN COUNCIL
THE DAY IN POLITICS
GENERAL NEWS