Brussels, 19/10/2001 (Agence Europe) - The Commission has authorised the acquisition of German industrial bearings manufacturer FAG by rival INA, also of Germany. The merger will create the world's second biggest industrial bearings company behind SKF of Sweden. The Commission's investigation showed that the companies' activities are largely complementary and they have a different client base. INA concentrates on the automotive sector, whereas FAG has other types of industrial customers, all...