Brussels, 02/04/2013 (Agence Europe) - On Tuesday 2 April, the European Commission gave the go-ahead to the acquisition of Dutch company Pon Equipment Rental & Lease BV (PERL) by the financing arm of the Volkswagen car company, Volkswagen Financial Services Company (VWFS), registered in Germany, and Dutch company Pon Holdings BV Company, through their Dutch joint venture Volkswagen Pon Financial Services BV (VWPFS). The partners' business overlaps for the leasing of lorries and buses weighing more than 3.5 tonnes and the second-hand sale of said vehicles. The deal will also link car and bus distribution services in the Netherlands, but given the limited cumulative share of the market and the presence of several credible competitors, the Commission said that the deal would not raise competition concerns. It was examined using the usual merger control procedure. (FG/transl.fl)