login
login

Europe Daily Bulletin No. 8078

25 October 2001
Contents Publication in full By article 20 / 42
GENERAL NEWS / (eu) eu/state aid
Commission clears acquisition of Heller Financial by GE Capital

Brussels, 24/10/2001 (Agence Europe) - The European Commission has cleared the proposed acquisition of Heller Financial by GE Capital (part of General Electric), both of the United States. In Europe, the two companies provide factoring services and the Commission has found overlaps in three countries (France, Germany and the United Kingdom). But the combined company will continue to face serious competition so there are no competition problems with the acquisition. Concerning the two...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION