Brussels, 29/12/2004 (Agence Europe) - The European Commission has cleared the proposed acquisition of SNECMA Group (“Snecma”), the French aerospace components company, by SAGEM S.A. (“Sagem”). After examining the operation, the Commission concluded that the transaction would not significantly impede effective competition in the EEA or any substantial part of it and has therefore approved the concentration. Sagem is active in telecommunications and electronics for defence and...