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Europe Daily Bulletin No. 10974

30 November 2013
Contents Publication in full By article 31 / 38
ECONOMY - FINANCE - BUSINESS / (ae) competition
Schneider Electric to acquire Invensys for €3.9 billion

Brussels, 29/11/2013 (Agence Europe) - On 29 November, the European Commission gave the go-ahead to the acquisition of Invensys of the United Kingdom by Schneider Electric of France. Both companies supply automation and control systems. The Commission examined the impact of the deal (a €3.9 billion public bid) on competition in the markets for the sale of human machine interface (HMI) software, operator panels and process safety systems in the EEA and at worldwide level. HMI software...

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SECTORAL POLICIES
EXTERNAL ACTION
ECONOMY - FINANCE - BUSINESS
SOCIAL AFFAIRS - CULTURE
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