login
login
Image header Agence Europe
Europe Daily Bulletin No. 8728
Contents Publication in full By article 25 / 42
GENERAL NEWS / (eu) eu/competition

Acquisition of Primacom by Apollo and JP Morgan is cleared

Brussels, 17/06/2004 (Agence Europe) - The European Commission has decided to give its approval to acquisition of joint control over the German broadband cable operator PrimaCom AG by investment companies Apollo Europe V and JP Morgan Chase & Co. The proposed deal provides for the two companies to buy up the assets and operational subsidiaries of PrimaCom in exchange for the elimination of debt and a cash payment. In Leipzig, PrimaCom owns a modern cable "head-end" (infrastructure that...

Contents

THE DAY IN POLITICS
GENERAL NEWS