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Europe Daily Bulletin No. 8164

6 March 2002
Contents Publication in full By article 27 / 44
GENERAL NEWS / (eu) competition
Merloni can acquire 50% of white goods manufacturer GDA

Brussels, 05/03/2002 (Agence Europe) - The Commission has given the go-ahead for the Italian white goods manufacturer, Merloni Elettrodomestici (which produces the Ariston and Indesit brands in Europe) to acquire a 50% in General Domestic Appliances (GDA), which is active in the same sector. The other 50% stake is held by US company General Electric. The Commission's examination revealed that the combined market shares of the parties of domestic appliances supply in Europe are modest (less...

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