login
login

Europe Daily Bulletin No. 9899

12 May 2009
Contents Publication in full By article 17 / 47
GENERAL NEWS / (eu) eu/competition
Commission authorises Magna buy out of Cadence

Brussels, 11/05/2009 (Agence Europe) - On Thursday 7 May, the European Commission authorised Magna International from Canada to acquire the Czech-based operations of bankrupt U.S. rival Cadence Innovation LLC. After examining the transaction, the Commission concluded that it would not significantly impede competition in the European Economic Area (EEA) or any substantial part of it.

The Council's Regulation 4064-89 of 21 December 1989 was amended by the 30 June 1997 regulation and organises...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
WEEKLY SUPPLEMENT