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Europe Daily Bulletin No. 8498

5 July 2003
Contents Publication in full By article 11 / 39
GENERAL NEWS / (eu) eu/competition
Green light for Pinault Bois & Matériaux sale

Brussels, 04/07/2003 (Agence Europe) - British group, Wolseley Plc has been given the go-ahead by the European Commission to acquire Pinault-Bois & Matériaux (PBM), part of the French Pinault-Printemps-Redoute group. Wolseley specialises in building materials and distributions in Europe, including France where it has 400 shops that mainly sell bathroom, heating and plumbing materials under the "Brossette" trade sign. PBM controls a network of 269 shops selling buildings materials. This...

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