31/08/2012 (Agence Europe) - Acquisitions: APG-PGGM/LBC Terminals. On 31 August the European Commission authorised the acquisition of joint control by Dutch pension fund and assets managers APG Algemene Pension Groep NV and PGGM NV of the supplier of bulk liquid storage solutions, LBC Terminals, which has its headquarters in Machelen, Belgium. This business operates 14 terminals strategically located in Belgium, France, the Netherlands, Portugal, Spain, China and the USA. The Commission concluded that the concentration would not lead to a significant impediment of competition, in particular because APG and PGGM are not active in any markets in which LBC Terminals operates. The concentration was notified on 27 July 2012. (FG/transl.fl)