login
login

Europe Daily Bulletin No. 7726

27 May 2000
Contents Publication in full By article 20 / 42
GENERAL NEWS / (eu) eu/competition
Commission gives go-ahead to joint takeover of Fendi by LVMH and PRADA

Brussels, 26/05/2000 (Agence Europe) - The European Commission has granted regulatory clearance to the joint acquisition of the Italian company Fendi by the French company Louis Vuitton Moët Hennessy SA and the Italian company Prada Holding BV, which are active in the production and retail marketing of luxury goods. After a one-month inquiry, the competition authorities came to the conclusion that the merger would not entail a dominant position, given that the market shares of the parties...

Contents

THE DAY IN POLITICS
GENERAL NEWS
TIMETABLE
ECONOMIC INTERPENETRATION