Brussels, 26/09/2008 (Agence Europe) - On Thursday 25 September, the European Commission cleared the proposed acquisition of Volkswagen Group Ireland Limited, the exclusive importer and wholesale distributor of Volkswagen, Audi and Skoda vehicles in Ireland, by Volkswagen AG (VWAG) of Germany. At present, VW Ireland is a wholly owned subsidiary of O'Flaherty Holdings Limited (OFH), an Irish vehicle and spare parts importer.
The Commission's investigation found that, even in the narrowest...