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Image header Agence Europe
Europe Daily Bulletin No. 10815
ECONOMY - FINANCE - BUSINESS / (ae) competition

26/03/2013 (Agence Europe) - Mergers: Ferrovial/Enterprise. On 26 March 2013, the European Commission granted clearance to the acquisition of Enterprise of the UK by Ferrovial of Spain. Enterprise is a provider of infrastructure construction and maintenance services to the public sector and to utility companies in the United Kingdom. Ferrovial is a Spanish-based supplier of support and infrastructure services, which is active in the British market via its wholly-owned subsidiary Amey. In the absence of any substantial horizontal overlap or vertical link, the Commission concluded that the transaction would not raise any competition concerns. The operation was examined under the simplified merger review procedure. (FG/transl.fl)

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