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Europe Daily Bulletin No. 7798

14 September 2000
Contents Publication in full By article 27 / 62
GENERAL NEWS / (eu) eu/competition
Commission approves Cinven's takeover of McKechnie

Brussels, 13/09/2000 (Agence Europe) - The European Commission has allowed Cinven Ltd, subsidiary of the British venture-capital firm Cinven Group Ltd, to take over the British engineering firm McKechnie Plc. The operation will be achieved through BlueAzure Ltd, a company founded especially for the occasion. The Commission considers that the activities of the two groups only overlap marginally in the moulded plastics sector. This sector is extremely fragmented and, in the United Kingdom...

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