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Europe Daily Bulletin No. 7704

26 April 2000
Contents Publication in full By article 16 / 38
GENERAL NEWS / (eu) eu/competition
Commission to examine merger of truck activities of Volvo/Renault as soon as plan is notified

Brussels, 25/04/2000 (Agence Europe) - The services of the European Commission have had informal "pre-notification" contacts with the Swedish automobile manufacturer Volvo and France's Renault, just before the announcement of the merger of their activities in the truck sector, the Commission's spokesperson confirmed on Tuesday. On Tuesday, Volvo and Renault announced a merger for an estimated $1.52 billion. Volvo had to abandon its plan to merge with Scania, which the European Commission...

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