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Europe Daily Bulletin No. 9456

28 June 2007
Contents Publication in full By article 29 / 38
GENERAL NEWS / (eu) eu/competition
Commission approves acquisition of Vallourec Précision Etirage and Zeithain plant by Salzgitter

Brussels, 27/06/2007 (Agence Europe) - On Wednesday 27 June, the European Commission cleared the proposed transfer of Vallourec Précision Etirage S.A.S., the French precision steel tube company, and the Zeithain steel plant from Vallourec SA to Salzgitter AG. The Commission investigation, which focused mainly on concentration in the all round precision steel tubes market, concluded that, for these products for use in automotive, engineering and energy applications, the new entity would...

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