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Europe Daily Bulletin No. 8952

24 May 2005
Contents Publication in full By article 39 / 44
GENERAL NEWS / (eu) eu/competition

23/05/2005 (Agence Europe) - The European Commission has granted clearance to the acquisition of sole control of FTE Verwaltungs GmbH (FTE) of Germany by PAI Partners S.A.S. (PAI) of France, investment funds. FTE produces and sells car components, in particular transmission and brake systems. The operation was estimated to be worth EUR 370 million and was examined under the simplified merger review procedure.

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
WEEKLY SUPPLEMENT