|
|
|
European Commission Spokesman's Briefing for 07-08-01
From: EUROPA, the European Commission Server at <http://europa.eu.int>
CONTENTS / CONTENU
[01] Commission clears acquisition of Texaco Benelux by Delek
[02] Commission approves proposed joint control of Italia Turismo
[03] Commission clears acquisition of Focus by Promontoria
[04] Commission clears acquisition of Wrist Group by Altor Fund II
[05] La Commission approuve le projet d'acquisition de Bayern Chemie par
MBDA
[06] Cohesion policy 2007-2013 : United Kingdom has plan and priorities
agreed with EU Commission
[07] Household saving rate at 14.4% in the euro area and 10.9% in the EU27
Midday Express of 2007-08-01
Reference: MEX/07/0801
Date: 01/08/2007
EXME07 / 1.8
MIDDAY EXPRESS
News from the Communication Directorate General's midday briefing
Nouvelles du rendez-vous de midi de la Direction Générale Communicationb
01/08/07
[01] Commission clears acquisition of Texaco Benelux by Delek
The European Commission has granted clearance under the EU Merger
Regulation to the acquisition of sole control of Texaco Nederland B.V. (the
Netherlands) by Delek Benelux B.V., ultimately owned by Delek Group Ltd.
(‘Delek’, Israel). Texaco Belgium SPRL (Belgium) and Texaco
Luxembourg SARL (Luxembourg), hereafter jointly referred to as 'Chevron
Benelux companies', by way of purchase of shares. Chevron Benelux companies
are active in the wholesale and retailing sale of motor fuels. Delek deals
with the marketing of fuel products, the exploitation of convenience stores,
investments and property management in the energy, infrastructure,
automotive, media, finance and wealth management sectors, prime real estate
investments. The operation was examined under the simplified merger review
procedure.
[02] Commission approves proposed joint control of Italia Turismo
The European Commission has granted clearance under the EU Merger
Regulation to the proposed joint control of Turismo S.p.A. ('IT', Italy) by
Gabetti Property Solutions S.p.A. ('GPS', Italy), Pirelli & C. Real Estate
S.p.A. ('PRE', Italy) and Marcegaglia S.p.A. ('Marcegaglia', Italy)
together with Sviluppo Italia S.p.A. ('Sviluppo Italia', Italy). GPS is
active in the management of real estate and related financial services. PRE
deals with real estate investments, Marcegaglia with steel and metallurgic
sector; ship-building, home products, tourist, financial and environmental
services. Sviluppo Italia is an Italian national agency for the economic
development of disadvantaged areas. IT is active in the management of
tourist complexes. The operation was examined under the simplified merger
review procedure.
[03] Commission clears acquisition of Focus by Promontoria
The European Commission has granted clearance under the EU Merger
Regulation to the acquisition of sole control of FW No.4 Limited (FW4) and
thereby the operating companies of the Focus DIY Group (Focus) of the UK by
Promontoria Holding IV B.V. (Promontoria) of The Netherlands, controlled by
Cerberus Group (Cerberus) of the US. Cerberus is a private equity
investment company. Focus and FW4 are DIY and gardening retailers with
business activities limited to the UK. The operation was examined under the
simplified merger review procedure.
[04] Commission clears acquisition of Wrist Group by Altor Fund II
The European Commission has granted clearance under the EU Merger
Regulation to the acquisition of sole control of Wrist Group by Altor Fund
II. Altor Fund II is a private equity investment fund that is controlled by
the Nordic private equity firm Altor. Altor focuses on investments in the
middle market segment of the Nordic region. Wrist Group is active in the
provision of marine fuel and ship supplies. The operation was examined
under the simplified merger review procedure.
[05] La Commission approuve le projet d'acquisition de Bayern Chemie par
MBDA
La Commission européenne a autorisé, en vertu du règlement CE sur les
concentrations, le projet d'acquisition de l'entreprise allemande Bayern-
Chemie Gesellschaft für flugchemische Antriebe mbH par le groupe MBDA.
Après examen, la Commission a conclu que l'opération envisagée
n'entraverait pas de manière significative une concurrence effective dans
l'Espace économique européen ou une partie substantielle de celui-ci.
[06] Cohesion policy 2007-2013 : United Kingdom has plan and priorities
agreed with EU Commission
The United Kingdom has reached agreement with European Regional policy
Commissioner Danuta Hübner and Employment and Social Affairs Commissioner
Vladimír `pidla on its national plan and priorities for Cohesion Policy
2007-2013. In their National Strategic Reference Framework (NSRF), the
United Kingdom authorities describe how they plan to invest €9.9 billion
over seven years in line with the Lisbon Strategy for growth and jobs.
[07] Household saving rate at 14.4% in the euro area and 10.9% in the EU27
Eurostat and the European Central Bank release a detailed set of quarterly
European sector accounts. This Eurostat news release focuses on three key
indicators: the household saving rate, and the investment rate and profit
share of non-financial businesses. In the first quarter of 2007, the
seasonally adjusted gross saving rate of households was 14.4% in the euro
area (EA13). This is the second consecutive rise in the rate, which was
14.1% in the fourth quarter of 2006 and 13.8% in the third quarter. In the
EU27, the household saving rate was 10.9% in the first quarter of 2007,
compared with 11.0% in the fourth quarter of 2006, extending the downward
trend that started in 2001.
From EUROPA, the European Commission Server at http://europa.eu.int/
|
