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Europe Daily Bulletin No. 8323

21 October 2002
Contents Publication in full By article 38 / 47
GENERAL NEWS / (eu) eu/competition
Northrop Grumman can acquire TRW

Brussels, 21/10/2002 (Agence Europe) - The European Commission has granted clearance to the proposed acquisition of TRW Inc. by Northrop Grumman Corp. The two US companies are active in the aerospace and defence sectors. The parties generate most of their revenues from sales to the US Department of Defence and other US agencies. The deal will have a marginal impact in Europe where its activities will generally be complementary with very few overlaps in the EU and where EADS and BAE Systems...

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