Brussels, 11/03/2008 (Agence Europe) - On 10 March 2008, the European Commission cleared the proposed acquisition of the galvanised steel business of the Estonian Galvex Group by ArcelorMittal, a leading global steel company based in Luxembourg.
The Commission's investigation into horizontal overlaps in some aspects of the merger's business activities, as well as in the vertical relationships. In both cases, the Commission concluded that that the operation would not impede free competition,...