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Europe Daily Bulletin No. 8698

4 May 2004
Contents Publication in full By article 23 / 40
GENERAL NEWS / (eu) eu/competition
Commission clears Ford acquisition of Polar Motor

Brussels, 03/05/2004 (Agence Europe) - The European Commission has approved the acquisition of the UK car retailer Polar Motor Group Ltd by the US carmaker, Ford Motor Company. Until now, Polar has been a joint venture between Ford and Jardine Motors Group plc, at the head of a 40-retail outlet network in the United Kingdom, which mainly distributes Ford and Mazda vehicles. The Commission analysis has shown that the commercial relations between Ford and Polar were already very close before...

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