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Europe Daily Bulletin No. 8002

9 July 2001
Contents Publication in full By article 40 / 44
GENERAL NEWS / (eu) eu/competition
Alcatel allowed to take over Alcatel Space

Brussels, 09/07/2001 (Agence Europe) - The European Commission has authorised the French firm Alcatel to take over the whole of Alcatel Space, a joint-venture it held with Thales and which it is already said to control. To do so, Alcatel will purchase the 48.83% stake held by Thales. Alcatel's main business is telecommunications and satellite equipment and that of Alcatel Space the design and development of satellites. The investigation did not reveal any overlap in the activities of Alcatel...

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