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Europe Daily Bulletin No. 10502

25 November 2011
Contents Publication in full By article 39 / 42
GENERAL NEWS / (ae) eu/competition
WD acquisition of Viviti cleared subject to conditions

Brussels, 24/11/2011 (Agence Europe) - On 23 November, the European Commission approved the proposed acquisition of Hitachi Global Storage Technology (HGST), a subsidiary of Hitachi of Singapore recently renamed Viviti Technologies, by rival Western Digital (WD) of the US. The approval is conditional upon certain commitments made by WD to: - divest essential production assets for the manufacture of 3.5-inch hard disk drives (HDDs), including a production plant, the transfer or licensing of...

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