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Europe Daily Bulletin No. 8728

18 June 2004
Contents Publication in full By article 26 / 42
GENERAL NEWS / (eu) eu/competition
Acquisition of Vendex KBB by KKR is approved

Brussels, 17/06/2004 (Agence Europe) - The European Commission has authorised the US investment fund KRR, specialised in buying up companies, to acquire Vendex KBB, a Dutch non-food retail trade company. The latter operates 1800 sales points in seven EU Member States under different trade names including "Hema", "Bijenkorf", "Keur", "Praxis", "Brico", "M&S", "Hunkemöller", "Dixons", "Dynabyte" and "Prijstopper". A priori, the operation did not raise any competition problems in that none of...

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GENERAL NEWS