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Europe Daily Bulletin No. 8849

16 December 2004
Contents Publication in full By article 21 / 43
GENERAL NEWS / (eu) eu/competition

15/12/2004 (Agence Europe) - The Commission has authorised the plans of the company Auchan to take sole control of La Rinascente, which it currently jointly owns with the Italian group IFIL. Auchan, which is a family-run retail group, has several shops throughout the EU (Auchan, Alcampo, Jumbo, etc), but is only present in Italy via its joint company with IFIL. This company, which is controlled by the Agnelli family, will sell Auchan its 50% stake for a sum in excess of a billion EUR. La...

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GENERAL NEWS