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Image header Agence Europe
Europe Daily Bulletin No. 11109
Contents Publication in full By article 31 / 42
ECONOMY - FINANCE - BUSINESS / (ae) competition

26/06/2014 (Agence Europe) - Mergers: China Huaxin/Alcatel-Lucent's enterprise solutions business. On 25 June, the European Commission gave the go-ahead to the acquisition of the enterprise solutions business of Alcatel-Lucent S.A. of France, by China Huaxin Post and Telecommunication Economy Development Center, of China. The enterprise solutions business of Alcatel-Lucent provides hardware and software for enterprise communications and network solutions. China Huaxin is an investment company active in the information and communication technology sectors. The Commission concluded that the proposed acquisition would not raise competition concerns, because there are no horizontal overlaps or vertical relationships between the activities of China Huaxin and the enterprise solutions business of Alcatel-Lucenta. (EL)

 

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