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Europe Daily Bulletin No. 9837

11 February 2009
Contents Publication in full By article 19 / 34
GENERAL NEWS / (eu) eu/competition
Commission clears proposed acquisition of Hapag Lloyd by Kühne, HGV and TUI

Brussels, 10/02/2009 (Agence Europe) - On Friday 6 February, the European Commission approved the proposed acquisition of joint control over Hapag Lloyd AG, a German shipping company with worldwide activities, by Kühne Holding AG, Hamburger Gesellschaft für Vermögens- und Beteiligungsmanagement mbH (HGV) and TUI AG, all of Germany. Hapag Lloyd is currently fully owned by TUI. The Commission's examination of the proposed transaction showed that the horizontal overlaps of the activities of...

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