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Europe Daily Bulletin No. 8137

26 January 2002
Contents Publication in full By article 24 / 42
GENERAL NEWS / (eu) eu/competition
Joint venture between Meneta and TDM is cleared

Brussels, 25/01/2002 (Agence Europe) - The Commission has cleared a joint venture between the Danish company Meneta, a subsidiary of A.P. Moller, and the German company TDM, controlled by British HSBC Holdings. Called Meneta Advanced Shims Technology A/S (MAST), the company is specialised in the manufacture of anti-vibration systems for automobile disc brakes. MAST currently belongs solely to Meneta. The operation in question aims at the acquisition of a TDM participation in MAST in order to...

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