16/04/2012 (Agence Europe) - Mergers: Bolloré/TGO. On 16 April, the European Commission gave the go-ahead for Terminal du Grand Ouest (TGO, France) to buy up the Bolloré company's conventional and dry goods freight storage business at the port terminal of Nantes Saint-Nazaire in France. TGO is a joint venture set up in 2010 and indirectly controlled by Bolloré (France) through its subsidiary SDV LI, and CMA-CGM (France) through its subsidiary CGA. It provides port storage facilities for its two parent companies. Bolloré is active in many industries, including logistics and international transport. CMA-CGM is an international container shipping company that also works in logistics and tourism. The deal was notified on 14 March 2012 and was examined using the simplified merger procedure. (FG/transl.fl)