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Image header Agence Europe
Europe Daily Bulletin No. 7798
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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