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Europe Daily Bulletin No. 7650

7 February 2000
Contents Publication in full By article 24 / 43
GENERAL NEWS / (eu) eu/competition
Commission authorises the take-over of Celsius by Saab (armaments sector)

Brussels, 07/02/2000 (Agence Europe) - The European Commission authorised Saab AB to acquire the totality of the Swedish public company Celsius AB, which operates in three main sectors: defence, aeronautical techniques and aeronautical services. Saab is also a Swedish company, jointly owned by the British Bae Systems plc and the Swedish Investor AN. It is also active in the civil and military aerospace sectors and in high technology products. After having noted that the sectors in which the...

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