10/01/2011 (Agence Europe) - LCR and Lend Lease take joint control of SCBD. On Monday 10 January, the European Commission granted clearance to the acquisition of joint-control of Stratford City Business District Limited (SCBD) by London & Continental Railways Limited (LCR) and Lend Lease Europe Limited (Lend Lease). LCR has a shareholding in Eurostar International Limited, as well as development interests at King's Cross and Stratford in London. Lend Lease is an international property company, active in development, investment management, project and construction management, property management. SCBD's activity will consist of the development and management of land at Stratford City, in London. The operation was examined under the simplified merger review procedure. (F.G./transl.rt)