On Wednesday 7 June, the European Commission announced that, following a simplified merger review procedure, it had authorised the acquisition under joint control (joint venture) of three companies in Singapore, Taiwan and the Philippines, which will be active in the solar power generation market.
The joint ventures will be set up by the Singapore subsidiary of Germany’s IB vogt GmbH; IB vogt Pte. Ltd, Acen Corporation and Acen Renewables International Pte. Ltd. These twoAcen...