Brussels, 26/08/2002 (Agence Europe) - Concluding that it represents no serious threat to competition in the EU, the European Commission has decided to approve the acquisition of TRW Aeronautical Systems Group (TRW ASG, a manufacturer of aeronautical components and member of the US group TRW) by the American Goodrich Corporation, which is active in the aerospace industry.
A Commission press release explains that "the horizontal overlaps between the activities of Goodrich and TRW ASG are...