Brussels, 17/02/2009 (Agence Europe) - On Wednesday 18 February 2009, the European Commission approved the plan to set up a joint venture between UK aircraft engine manufacturer Rolls Royce and United Arab Emirates investment fund Mubadala.
Under the deal, Rolls Royce and Mubadala will set up a new joint venture supplying maintenance, repair and inspection services for aircraft engines, mainly in North Africa and the Middle East. The Commission's investigation showed that there would only...