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Europe Daily Bulletin No. 7633

14 January 2000
Contents Publication in full By article 25 / 63
GENERAL NEWS / (eu) eu/competition
Klöckner is authorised to take over Richardsons Westgarth (steel)

Brussels, 13/01/2000 (Agence Europe) - The European Commission has authorised Klöckner UK Holdings to acquire control of Richardsons Westgarth under a public offer. Koöckner UK, part of the German group VIAG, is active in the processing and distribution of metals. Richardsons Westgarth is a steel processor and stockholder quoted on the London Stock Exchange. Both companies are primarily active in the United Kingdom and to a lesser extent in Ireland.

The Commission's competition services...

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