login
login

Europe Daily Bulletin No. 7863

14 December 2000
Contents Publication in full By article 22 / 42
GENERAL NEWS / (eu) eu/competition
Commission authorises Robert Bosch GmbH to take over Rexroth, subject to conditions

Brussels, 13/12/2000 (Agence Europe) - The European Commission has authorised the acquisition by Robert Bosch GmbH of Rexroth, a Mannesmann subsidiary. The authorisation is conditional upon the sale of Bosch's radial piston pumps business to prevent a dominant position in the market. The move comes within the framework of a vast operation aimed at joint control by Siemens and Bosch of the industrial holding company called Atecs, part of the Mannesmann group.

The Commission had first of all...

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
SUPPLEMENT