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Image header Agence Europe
Europe Daily Bulletin No. 9323
Contents Publication in full By article 21 / 33
GENERAL NEWS / (eu) eu/competition

07/12/2006 (Agence Europe) - On 5 December, the European Commission authorised the proposed acquisition of the German company BST Safety Textiles GmbH (BST) by the American private equity firm WLR Recovery Fund III, L.P. (WLR). BST is a supplier of flat fabrics for use in the manufacture of automotive airbag cushions, while a company controlled by WLR, Safety Components International Inc. (SCI), produces airbag cushions. The Commission concluded that the operation would not significantly...

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