Brussels, 22/10/2013 (Agence Europe) - On Tuesday 22 October, the European Commission decided to open an in-depth investigation to assess whether the planned acquisition of the German company Cemex West by its Swiss rival Holcim is in line with the EU Merger Regulation. Both companies are active on the cement and construction product market. A formal decision will be issued by 10 March 2014.
The European Commission fears that the merger would reduce competition in parts of Germany and...