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Europe Daily Bulletin No. 8509

23 July 2003
Contents Publication in full By article 31 / 39
GENERAL NEWS / (eu) eu/competition
CVRD's acquisition of sole control over Caemi is cleared

Brussels, 22/07/2003 (Agence Europe) - The European Commission has authorised CVRD's proposed acquisition of sole control of Caemi, currently controlled by the Japanese iron ore trader Mitsui and CVRD (Companhia Vale do Rio Doce). Joint control resulted from a transaction the Commission cleared in October 2001 subject to conditions. The Commission concluded that the subsequent move in the present case from joint to sole control does not give rise to new competition concerns. CVRD will stay...

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