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Europe Daily Bulletin No. 10311

9 February 2011
Contents Publication in full By article 30 / 35
GENERAL NEWS / (eu) eu/competition

08/02/2011 (Agence Europe) - Sources suggest that the European Commission will decide by Wednesday to give the go-ahead for Draka, a Dutch electricity and telecoms cable and cable systems (lifts, cars and aviation) company, to be bought up by its direct Italian competitor Prysmian. The deal would value Draka at around €900 million, according to Reuters, and create the world's biggest company in this domain. The current world leaders, France's Nexans and China's Xianmao, also bid for Draka...

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