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Europe Daily Bulletin No. 8357

9 December 2002
Contents Publication in full By article 21 / 39
GENERAL NEWS / (eu) eu/competition
Commission clears merger of Logica and CMG

Brussels, 09/12/2002 (Agence Europe) - The European Commission has cleared the proposed merger of the UK's Logica and Anglo-Dutch CMG through an exchange of shares whereby Logica would hold 60% of the merged company, and CMG 40%. The two information and communication technologies are world leaders in the supply of text messages (SMS). The Commission's investigation revealed that while SMS will remain a growth market in the short-term competition for the implementation of the infrastructure...

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