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Europe Daily Bulletin No. 9571

22 December 2007
Contents Publication in full By article 32 / 45
GENERAL NEWS / (eu) eu/competition
Commission opens in-depth investigation into proposed acquisition of Aker Yards by STX

Brussels, 21/12/2007 (Agence Europe) - On Thursday 20 December, the European Commission opened a detailed investigation into the planned acquisition of Aker Yards of Norway by STX of South Korea. The investigation will allow the Commission to assess any possible anti-competitive effects of the proposed operation on the cruise ship market, which has only three major players worldwide, one of them being Aker Yards. (STX has hitherto concentrated on cargo vessels). The initial cruise ship...

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