Brussels, 10/10/2006 (Agence Europe) - On 9 October the European Commission cleared under the EU Merger Regulation the proposed acquisition of joint control by Arcelor Profil Luxembourg and SNCFL of CFL Cargo, by way of purchase of shares. The Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.
Arcelor Profil belongs to the Arcelor group and is specialised in long carbon steel...