Brussels, 19/11/2010 (Agence Europe) - On 19 November the European Commission cleared the proposed acquisition of joint control of the industrial group Dyson of the UK by Lloyds TSB Bank and Svenska Handelsbanken. Dyson Group is the holding company of a group of companies active in the manufacture and sale of alumina fibre, insulation components for automotive catalytic converters and exhaust systems, ceramic metering nozzles, tin oxide electrodes and ceramic blocks for use in glass manufacture. The operation, of which the Commission was notified on 12 October, arises in the context of a capital restructuring of Dyson. The Commission concluded that the proposed transaction did not raise any competition concerns because Lloyds TSB Bank and Svenska Handelsbanken do not control any company with activities in the same markets as Dyson or on related markets. (F.G./transl.rt)