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Image header Agence Europe
Europe Daily Bulletin No. 10342
Contents Publication in full By article 39 / 44
GENERAL NEWS / (eu) eu/competition

22/03/2011 (Agence Europe) - Concentrations: APMT/PSA/COSCO/DPPC/ DPCT. On Tuesday 22 March, the European Commission gave its go-ahead to the proposed concentration whereby the undertakings APM Terminals China Company Limited (APMT), belonging to the A. P. Møller-Maersk A/S group (APMM, Denmark), PSA China Pte Ltd, belonging to PSA International Pte Ltd (PSA, Singapore), COSCO Ports (Dalian) Limited (COSCO Dalian), belonging to the China Ocean Shipping (Group) Company (COSCO) group, and Dalian Port Company (PDA) Limited (DPPC, China) acquire joint control of the undertaking Dalian Port Container Terminal Co. Ltd (DPCT, China), by way of purchase of shares. All undertakings are active in port services and navigation. DPCT operates a shipping container terminal in the Port of Dalian, China. The transaction was examined under simplified merger review procedure. (O.L./transl.jl)

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