Brussels, 10/03/2008 (Agence Europe) - On Monday 10 March, the European Commission cleared the proposed acquisition of the cooling fans and electric motor drives business of Continental AG by Brose Fahrzeugteile GmbH & Co. KG, both of Germany.
Brose is a supplier of door and seat systems for vehicles as well as of components for such systems. Continental acquired most of the targeted business in November 2007 from Siemens VDO. By the proposed transaction, Brose would enlarge its activities...