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Europe Daily Bulletin No. 8386

25 January 2003
Contents Publication in full By article 24 / 38
GENERAL NEWS / (eu) eu/competition
Commission authorises Timken to acquire Ingersoll-Rand activities (industrial equipment)

Brussels, 24/01/2003 (Agence Europe) - The European Commission has authorised Timken, an international producer of anti-friction bearings, to acquire Torrington, which is active in the same sector as well as in that of special automotive equipment. Torrington, which is a fully owned Ingersoll-Company Ltd subsidiary, is a company that operates in several industrial sectors. The Commission has examined the impact that the operation would have on competition. It noted that the companies operate...

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