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Europe Daily Bulletin No. 9850

28 February 2009
Contents Publication in full By article 28 / 38
GENERAL NEWS / (eu) eu/competition

27/02/2009 (Agence Europe) - The European Commission has approved the acquisition of joint control of Li-Tec Vermögensverwaltungs-GmbH (Li-Tec) by car manufacturer Daimler AG and Evonik Industries AG. Evonik, which currently solely owns Li-Tec, is active in the chemical industry, energy and real estate. Li-Tec researches, develops and produces Lithium-ion battery cells and battery management systems. All parties in the merger are German. The operation was examined under the simplified...

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