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Image header Agence Europe
Europe Daily Bulletin No. 10502
Contents Publication in full By article 40 / 42
GENERAL NEWS / (ae) eu/competition

Philips to buy Indal from Spain (light fixtures)

Brussels, 24/11/2011 (Agence Europe) - On 23 November, the European Commission cleared the proposed acquisition of Industrias Derivadas del Aluminio S.A. (Indal) of Spain by Philips of the Netherlands. The project was notified on 17 October 2011. The Commission concluded that the proposed transaction would not raise competition concerns because the merged entity would continue to face sufficiently strong competition from other well-established manufacturers in the markets for lamps, light...

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