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Europe Daily Bulletin No. 7852

30 November 2000
Contents Publication in full By article 23 / 37
GENERAL NEWS / (eu) eu/competition
Go-ahead to merger between Smiths Industries and TI Group

Brussels, 29/11/2000 (Agence Europe) - The Commission has authorised a merger between the British companies Smith Industries Plc and TI Group Plc. The move will entail overlapping on the control systems market in the aerospace sector and special tubes. Nonetheless, the market share of the two parties in these sectors is considerably lower than 20% and the operation will therefore not cause a competition problem.

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