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Europe Daily Bulletin No. 9002

2 August 2005
Contents Publication in full By article 13 / 18
GENERAL NEWS / (eu) eu/competition

01/08/2005 (Agence Europe) - The Commission has given its green light to the plans by German construction company, Bilfinger Berger AG, and German asset management company, Westdeutsche Immobilienbank (WIB), to create JVC, a joint company which will bring together the property activities of both companies. The operation, after which Bilfinger Berger will own 70% of the capital of JVC and WIB the remaining 30%, was approved further to examination under the simplified procedure.