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Europe Daily Bulletin No. 7728

31 May 2000
Contents Publication in full By article 21 / 53
GENERAL NEWS / (eu) eu/competition
Commission gives Magneti Marelli green light to take over Seima

Brussels, 30/05/2000 (Agence Europe) - The European Commission has authorised the Italian firm Magneti Marelli to take over its compatriot Seima Italiana SpA. Magneti Marelli, subsidiary of the automobile group Fiat active in the automobile equipment sector, and especially lighting for light vehicles, had, end-December 1999, announced the takeover of Seima (annual turnover of some 200 million euro), specialised in car lighting, for 160 million euro. The Commission examined the effects of...

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