Brussels, 24/04/2007 (Agence Europe) - On 23 April, the European Commission approved the proposed acquisition of the aerospace division of Smiths Group plc (Smiths Aerospace) of the UK by General Electric Company (GE) of the US. GE is a leading supplier of aircraft engines. Smiths Aerospace is a supplier to civil and military aerospace of aircraft equipment and engine components.
The Commission carefully examined whether the new entity would be able to restrict access to key components or...