30/11/2007 (Agence Europe) - On 29 November, the European Commission authorised the planned acquisition of Siemens VDO Automotive GmbH, the automotive business of Siemens, by Continental AG, both of Germany. The combined Continental/Siemens VDO entity would become the number five globally in terms of turnover among suppliers to the motor industry behind Bosch, Denso, Delphi and Magna. On certain specific markets for electronic control units, the Commission's investigation found a degree of...