login
login

Europe Daily Bulletin No. 7784

25 August 2000
Contents Publication in full By article 17 / 33
GENERAL NEWS / (eu) eu/competition
Commission approves exclusive acquisition by HSBC of part of BBA Friction (automobile equipment)

Brussels, 24/08/2000 (Agence Europe) - The European Commission saw no impediment to the acquisition by Britain's HSBC Equity Instruments Limited of sole control of the "cars and commercial vehicles applications" part of BBA Friction Materials Division, subsidiary of the BBA Group plc. Given that HSBC has no controlling stake in any company active in the same sector of activity as BBA Friction, nor on any upstream or downstream market, the Commission considers that this operation, to take the...

Contents

GENERAL NEWS
ECONOMIC INTERPENETRATION