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Image header Agence Europe
Europe Daily Bulletin No. 8868
Contents Publication in full By article 13 / 42
GENERAL NEWS / (eu) eu/competition

17/01/2005 (Agence Europe) - The European Commission has granted clearance to the acquisition of joint control of RBI Hawker Limited by Aeronautical Rotor Blades Inc. (RBI US) and Hawker Pacific Pty Limited, Hong Kong (HP). RBI US, belonging to the Textron Group, is involved in the provision of helicopter rotor blade repair and overhaul in the US. HP is a Hong Kong registered company controlled by Saab AB specialising in the sale and maintenance of fixed wing aircraft and helicopters, primarily in Australia, New Zealand and the Philippines. . The planned new company, RBI Hawker Ltd, will be jointly controlled by RBI and HP. The joint venture is intended to establish and operate a helicopter rotor blade repair facility in Dubai (United Arab Emirates). The deal was examined under the simplified merger review procedure.

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